Minutes And Supply

A couple of notables. The Fed minutes skewed hawkish and reception for Wednesday's 20-year supply was -- how should I put this? -- less than enthusiastic. Neither of those developments should've been expected to garner much in the way of attention on "Nvidia day," but if you're concerned with rates, you were interested. Or you pretended to be, anyway. As discussed briefly in the weekly macro preview, the account of the January FOMC meeting was too stale to matter. Even if Jerome Powell hadn't