Agenda
| Time | Indicator/Event | Comment |
| 09:45 | Freddie Mac bill auction | $3 billion in 3- and 6-month bills |
| 10:00 | ISM non-mfg report | Still climbing back to breakeven |
| 10:15 | Fed Treasury coupon purchase | December 2013 to April 2016 |
| 11:00 | 4-week bill announcement | Small decline possible |
| 11:30 | 3- and 6-month bill auction | $1 billion increase in the 6-month maturity |
| 13:00 | 10-yr TIPS auction | Unchanged at $8 billion |
The Money Market Observer
Monday, Jul 6 The auto sector is likely to be the source of some significant statistical distortions in the early part of the third quarter. The first data quirks are likely to show up in the weekly jobless claims data. Initial claims may fall by 20% over the next couple of weeks, starting with a sizable drop in this Thursday’s report.
This week’s newsletter also includes some comments on the role of the boards of directors of the regional Federal Reserve banks, and the unnecessary conflicts of interest generated by the Fed’s traditional governance structure. more »
Intraday Updates
The ISM non-manufacturing survey for June suggested that the economy is moving steadily closer to a turning point. more »
Economic Indicators
This week’s economic calendar will be over almost before it starts. There are very few important indicators on the schedule other than this morning’s ISM non-manufacturing survey. The only other major monthly items are international trade, import prices and Michigan consumer sentiment on Friday. more »
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations The Fed is scheduled to purchase Treasuries in the 4 ½- to 7-year sector this morning. more »
Fed Funds Monitor Fed funds data tables more »
Treasury Finance
The Treasury has an exceptionally busy week ahead of it. Today’s 3- and 6-month bill auction has been moved up to 11:30 to make room for the $8 billion 10-year TIPS auction at 1:00. Today's TIPS note auction will be followed by nominal coupon offerings in the 3-, 10- and 30-year sectors over the next three days. more »
Daily Press Summary (pdf)
Inside Debt Daily for Monday, Jul 6 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 »
