Agenda
| Time | Indicator/Event | Comment |
| 00:00 | Monster employment index | Anemic increase |
| 08:30 | Jobless claims | Modest improvement possible, but outlook is uncertain |
| 08:30 | Continuing claims | Flat to down modestly |
| 08:30 | Productivity | Another outsized gain |
| 10:00 | Factory orders | Minimal increase |
| 10:30 | Fed agency coupon purchase | February 2012 to January 2014 maturities |
| 11:00 | 3- and 6-month and year-bill announcement | 3- and 6-month bills up, but year-bills like to be flat |
| 15:00 | STRIPS data | January data |
| Chain store sales | Modestly positive? |
Intraday Updates
[8:30 Data] Productivity jumped while costs plunged. Initial claims rose unexpectedly last week.
[10:00 Data] Factory orders came in stronger than we expected. more »
Economic Indicators
The highlight of this morning’s calendar is the weekly jobless claims report, which we expect to point to a decline in tomorrow’s jobless rate. The calendar also includes Q4 productivity (another eye-popping increase) and January chain store sales (subdued in nominal terms, but consistent with positive monthly spending growth). more »
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations The Desk decided to get its weekly GSE coupon pass out of the way slightly earlier than usual this week, with a purchase in the 2- to 4-year maturity sector scheduled for this morning. more »
Fed Funds Monitor Fed funds data tables more »
Treasury Finance
The focus will shift back to the bill sector today. The Treasury will announce the terms of Monday’s 3- and 6-month bill sale and Tuesday’s year-bill auction this morning at 11:00. In addition, the House may take the next step toward increasing the debt limit today. more »
The Money Market Observer
Monday, Feb 1 The Treasury will hold its quarterly financing press conference on Wednesday this week. We think Treasury note and bond offering sizes are close to a turning point. There is a chance that the Treasury will announcement one last round of increases in its 10- and 30-year issues this month, but the rest of its nominal offerings have probably already reached their peaks. Congress may finally approve a full-sized increase in the debt ceiling this week, which would clear the way for the resumption of SFP bill sales this month. more »
Daily Press Summary (pdf)
Inside Debt Daily for Thursday, Feb 4 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 »
