Treasury yields fall on housing data.

Bob Iaccino sweeps the markets, noting mixed U.S. equities with Nasdaq futures leading the way. In rates, the 10-Year Treasury yield falls near 5.09% as weak housing starts and pending home sales drive prices higher, despite recent inflation upticks. Energy markets see WTI crude trending lower despite rising geopolitical tensions in the Strait of Hormuz and a larger-than-expected 4.9 million barrel inventory draw. The briefing also previews a heavy slate of $1 billion market cap earnings, an upcoming 20-Year bond auction, and international inflation data.