Monday Market Must-Knows: February 27, 2023

This week, there are 897 companies reporting earnings, with some big names like Target, Salesforce, Macy's, and Costco. Traders should also pay attention to the bond market as the Feds talk about raising interest rates which could have ripple effects on the yields. This is important for the US housing market since it's tied to the 10-year yields, which have been going lower and lower since the 80s, but have recently broken above and made an interim new high. What kind of pressure will be put on the housing market?

To keep an eye on the housing market, there are three announcements happening this week, including Pending Home Sales on Monday at 10:00 a.m. EST, the S&P/Case-Shiller Composite 20 Home Price Index on Tuesday at 9:00 a.m. EST, and HPI numbers as well at 9:00 a.m. EST, which will give an indication of home price valuations.

Overall, it's a week of earnings, the bond market, and how the bond market will impact the housing market going forward.

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