Agenda
| Time | Indicator/Event | Comment |
| 08:30 | Empire State mfg | Little change expected |
| 09:00 | Tsy intl cap flows | More bill run-offs in January |
| 09:15 | Industrial production | First decline since June |
| 09:45 | Freddie Mac bill auction | $3 billion in 3- and 6-month bills |
| 11:00 | 4-week and SFP 8-week bill announcement | Unchanged at $31 billion and $25 billion respectively |
| 11:30 | 3- and 6-month bill auction | $1 billion increase in each maturity |
| 13:00 | NAHB index | May exceed market expectations |
The Money Market Observer
Monday, Mar 15 In a close call, we think the Fed is likely to retain the “extended period” language in the policy statement released after Tuesday’s FOMC meeting. That rate guidance will have to be softened soon, but the Fed has done little to lay the groundwork for a shift in the tone of the statement in recent weeks. If there are no major changes to the statement, we are likely to see at least one dissenting vote on Tuesday, and perhaps two. more »
Intraday Updates
[8:30 Release] The details of the Empire State survey were stronger than the headline number this morning.
[9:15 Release] Industrial production held up better than expected in February.
[1:00 Release] The NAHB housing market index turned in another dismal performance in March. more »
Economic Indicators
This week’s economic calendar gets off to a fast start. Today’s line-up includes the Empire State factory survey at 8:30, industrial production at 9:15 and the NAHB housing index at 1:00. The highlights of the rest of the week include housing starts tomorrow and the producer and consumer price reports on Wednesday and Thursday. more »
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations The supply of reserves is due to drop sharply today due to spike in the Treasury deposit at the Fed. more »
Fed Funds Monitor Fed funds data tables more »
Treasury Finance
This week’s Treasury auction calendar is limited to bills. The Treasury will sell $56 billion of 3- and 6-month bills today, and will also announce the terms of tomorrow’s regular 1-month bill sale and Wednesday’s 2-month SFP bill. more »
Daily Press Summary (pdf)
Inside Debt Daily for Monday, Mar 15 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 »
