This year’s red-hot bond-market rally looks set for a new burst of bullish support if the Federal Reserve cuts interest rates today, which is widely expected.

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Democrats clash in debate on health care: NY Times
Fed expected to cut interest rates today–first time since 2008: WSJ
US-China trade talks end in failure… again: Reuters
N. Korea fires missiles for a second time in a week: BBC
Political pressure builds as Congress considers $2.7 trillion budget deal: MW
US Consumer Confidence Index rebounded in July to highest level this year: CNBC
Case-Shiller index shows US home-price growth continued to slow in May: HW
US consumer spending and income rose moderately in June: Reuters
US private employment annual trend on track to slip to +1.7% in today’s ADP data: