Overview: Mon, January 23

Daily Agenda

Time Indicator/Event Comment
11:004-week bill announcementAnother $45 billion offering expected
11:303- and 6-month bill auction8th consecutive week at current levels

Treasury Finance

This Week's MMO

  • MMO for January 16, 2017

    The turn-of-the-year torrent of Fed communications continues this week, headlined by speeches from Chair Yellen on Wednesday afternoon and Thursday evening.  A recurring theme in Fed speeches thus far in January is that the FOMC will probably need to pick up the pace of tightening now that the economy has reached “full employment”.  That’s a concept that we interpret more flexibly than most FOMC members do at present.

Federal Reserve Commentary

MMO Analysis