Agenda
| Time | Indicator/Event | Comment |
| 09:45 | Freddie Mac bill auction | $3.5 billion 3-part auction; includes a year-bill |
| 10:00 | TAF auction | $25 billion 28-day operation |
| 11:00 | 4-week and SFP 8-week bill announcement | Possible reduction in the 4-week bill |
| 11:30 | 3- and 6-month bill auction | 3rd consecutive $54 billion offering |
The Money Market Observer
Monday, Mar 8 The overnight fed funds rate was unexpectedly firm last week. Higher repo rates were the main driver, but were not the only factor at work. We expect repo rates to soften at least slightly this week, which would help pull overnight funds down somewhat as well. However, the altered balance in the Treasury collateral market is likely to put more upward pressure on overnight rates in the months ahead than we had anticipated. more »
Economic Indicators
This week's economic calendar is relatively light. International trade on Thursday and retail sales on Friday are the only major monthly reports due out of Washington . Private sector indicators due out this week include the quarterly Manpower hiring survey and the monthly NFIB small business index tomorrow and the Reuters/University of Michigan consumer sentiment report on Friday. No major indicators are due out today. more »
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations The Fed will hold its final TAF auction this morning at 10:00. more »
Fed Funds Monitor Fed funds data tables more »
Treasury Finance
The bill sector faces a heavy auction calendar over the next few days. Starting with today's 3- and 6-month bills, the Treasury will sell five different bill maturities totaling an estimated $136 billion, raising $27 billion in new cash. more »
Daily Press Summary (pdf)
Inside Debt Daily for Monday, Mar 8 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 »
