FRIDAY 8/26/16; BIG; GDP (Gross Domestic Product); International Trade; Consumer Sentiment; Fed Chair Yellen Speaks from Jackson Hole; Fed Vice Chairman Fischer Speaks

S&P +2. Dow +9. Nasdaq +2. Euro 1.1286. Dollar/yen 100.55. Pound 1.3191. Aussie dollar 0.7624. Dollar/yuan 6.6595.

WTIC oil 47.34. Brent oil 49.67. 









[Text is Redacted: Purchase August 2016-08 to Read the Complete Chronology]

The US 10-year yield ends at 1.63% a 2-1/2 month high. The 2-year yield is at 0.85% for a 2-10 spread at 78 bips. The yield curve remains in a flattening bias after Yellen’s and Fischer’s comments.