Carmax ( KMX ) and Darden Restaurants ( DRI ) are the only two earnings reports scheduled for tomorrow. US Treasuries rallied early in the session, with the curve steepening significantly as investors priced in higher inflation, only to experience a sharp selloff later in the day. The $7 billion auction of 30-year Treasury Inflation Protected Securities ( TIPS ) received strong demand, but at yields above what most participants had expected.