This is a big week for the markets, with the jobs report scheduled to come out on Friday.  This data is normally the biggest market-mover of the month... but even more so this month given the Fed's current "data-driven" stance on monetary policy. Fed Chair Yellen and Fed Governor Dudley are scheduled to speak this week. Both of these speeches could move the markets if they contain any insights into the timing of the Fed's interest rate decisions and/or their bond buying program. As for today, the Fed is scheduled to purchase up to $1.85 billion in mortgage bonds. This may help bond prices to kick off the week on the right footing.

SOURCE: CMPS Institute