Options Spy | TLT EFT rebound faces major test from long bond auctions
@OptionsBB:
Investors continue to be optimistic about the end of the Fed's interest rate hikes, but the resumption of the rise in U.S. Treasury rates has made it difficult for stocks to gain much momentum.Several Fed officials will give their views on the economy this week, including Chairman Jerome Powell, New York Fed President John Williams and Atlanta Fed President Raphael Bostic.Fed Governor Lisa Cook did not comment on monetary policy on Monday, but noted that the recent rise in long-dated U.S. interest rates did not appear to be driven by investor expectations of further rate hikes.Earnings season is almost over, with 80 percent of S&P 500 companies having reported their latest results, but there are still some important companies due to report this week, including Disney, Wynn Resorts and