Exploring properties both of the EIA's natural gas and crude oil storage announcements and of analyst forecasts of the EIA storage figures, we find that analyst storage forecasts bring additional information to the market beyond seasonal patterns and past storage flows and that the market...

We examine the impact of the monthly Employment Situation Report issued by the Bureau of Labor Statistics (BLS) and of analyst forecasts of that report on U.S. Treasury securities market. Surprise increases in total non-farm payroll employment lead to increases in interest rates (especially 1-...