Treasury Market Summary: it was all about equities as the markets headed into the long Presidents' Day weekend. Treasuries went along for the ride and were little changed by the close despite the jump in risk appetite, with the long end outperforming. Wall Street put the shockingly weak retail sales report behind it and was buoyed by hopes of a U.S.-China trade deal, improved data, and as another government shutdown was averted. The Dow rallied 1.74% to 25,883, while the S&P 500 was up over 1.0% to 2,775. Despite the strength in risk appetite, bonds were little changed, supported by tame inflation data. The long end outperformed. The 30-year Treasury yield closed 0.5 bps lower at 2.993%, after hitting a high of 3.02%. The 2-year rose 2 bps to 2.51%. Fedspeakers Bostic and Daly continued to support the patient policy approach.View the summary.