What to Look for This Week

Labor sector data will dominate this week’s headlines, starting Wednesday with ADP’s Employment Report, which will give us an update on private payrolls for February. The latest Jobless Claims data will be reported on Thursday while Friday brings the Bureau of Labor Statistics Jobs Report for February, which includes Non-farm Payrolls and the Unemployment Rate. Also of note, Fed Chair Jerome Powell will be presenting the Fed’s Semiannual Monetary Policy Report to Congress next Tuesday and Wednesday. Investors will also be closely watching Wednesday’s 10-year Note and Thursday’s 30-year Bond auctions for the level of demand.