· Bernanke was due to testify before the House on Wed re Fed exit strategies
although this has been postponed due to the weather. However, the Fed will
release Bernanke’s testimony @ 10amET on Wed despite the hearing
postponment.
· Health care - the House could vote this week to revoke the HMO industry’s
anti-trust immunity and Congress will try to move forward on a jobs creation bill
(reports on Fri indicated this effort was running into some problems).
· In Europe, there are a bunch of events people are watching for: 1) Greece's main
public sector union ADEDY holds a nationwide, 24-hour strike against austerity
measures on Feb 10; 2) Portugal’s Parliament starts discussion on 2010 draft
budget bill on Wednesday, Feb. 10; 3) EU leaders meet for a one-day economic
summit in Brussels on Thursday, Feb 11.
· Treasuries - will auction $40 billion in three-year notes on Feb. 9, $25 billion in 10-
year notes Feb. 10 and $16 billion in 30-year bonds Feb. 11 – Bloomberg
· Chinese New Year - February 14 will mark the first day of the Chinese New Year.
· Short interest gets released after the close today (Tues 2/9) here
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