Agenda
| Time | Indicator/Event | Comment |
| 09:00 | S&P/Case-Shiller home price index | Another 2% drop |
| 09:45 | Chicago PMI | Modest recovery |
| 10:00 | Milwaukee PMI | Modest recovery |
| 10:00 | Consumer confidence | Flattish in June? |
| 10:00 | TAF results | Results of yesterday's auction |
| 10:15 | Fed Treasury coupon purchase | May 2016 to May 2019 maturities |
| 12:00 | Bullard (FOMC non-voter) | A hawk's perspective on Fed exit strategies |
| 13:00 | 1-month and year-bill auction | $35 billion and $27 billion respectively |
| 13:30 | Fed agency coupon purchase | 2016 to 2032 maturities |
| 16:10 | Hoenig (FOMC non-voter) | At NYU |
| 17:00 | ABC consumer comfort index | Surprisingly weak last week |
| 21:00 | Yellen (FOMC voter) | At Commonwealth Club in SF |
| Weekly chain store surveys | Soft in late June? |
Intraday Updates
The rate of decline in the S&P/Case-Shiller home price index slowed abruptly in April.
The final round of regional factory surveys for June continued to show improvement.
The run-off rate in the Fed's TAF program slowed sharply once quarter-end concerns were out of the way.
The Conference Board's consumer confidence survey turned out to be one of the weaker sentiment reports in June. more »
Economic Indicators
Today’s calendar consists entirely of private-sector indicators. The S&P/Case-Shiller home price index leads off at 9:00, followed by the Conference Board’s consumer confidence report and the last round of regional factory surveys at or around 10:00. more »
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations There will be plenty of Fed-related activity for the market to digest today. The major item of interest will be the FDIC's special quarter-end assessment, or more specifically, its effect on money-market conditions over the course of the day. In addition, the Fed will release the results of yesterday's TAF auction at 10:00, conduct a Treasury pass shortly after at 10:30, then finish off with an agency pass at 1:30 in the afternoon. more »
Fed Funds Monitor Fed funds data tables more »
Treasury Finance
The Treasury will sell $35 billion of 4-week bills and $27 billion of year-bills at 1:00 this afternoon. We had thought these would be the final bill auctions of the week, but the Treasury surprised us by adding a $30 billion 11-month CM bill to tomorrow’s schedule as well. more »
The Money Market Observer
Monday, Jun 29 This week's newsletter touches briefly on a handful of different topics: this Thursday's employment report, the apparent slowdown in the pace of Fed purchases of Treasuries, and the reasons why the Treasury might start to increase its TIPS offerings for the first time in five years this week. more »
Daily Press Summary (pdf)
Inside Debt Daily for Tuesday, Jun 30 The Inside Debt Daily provides relevant market news and market segment commentary from Thomson Reuters and data from ICAP and Wrightson ICAP in a take-home, easy-to-read format highlighting key developments which could impact the capital markets the ensuing trading day. Download a PDF file of the most recent report now. go »
Daily Press and Pricing Archive go »
