Agenda
| Time | Indicator/Event | Comment |
| 07:00 | MBA mortgage prch. index | Finally beginning to move off the floor? |
| 08:30 | PPI | First decline since September |
| 09:45 | Fannie Mae bill auction | $5 billion in 3- and 6-month bills |
| 11:30 | Treasury SFP cash management bill auction | $25 billion of 56-day bills |
| 14:00 | Bernanke | Testify at House on bank supervision |
| 16:00 | Fisher (FOMC non-voter) | On learning from crisis |
| FHLB note announcement | Monthly scheduled announcement |
Intraday Updates
The producer price index was close to our expectations in February. more »
Economic Indicators
The PPI is the only major indicator on today’s economic calendar. We expect weakness in both food and energy prices to result in a 0.5% drop in the finished goods index, which would be the first monthly decline since September. more »
Fed Policy
We have repeated our intraday update on yesterday’s uneventful Fed policy statement in this morning’s commentary.
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations Excess reserve forecast tables more »
Fed Funds Monitor Fed funds data tables more »
Treasury Finance
Today's auction schedule is limited to the routine $25 billion SFP bill sale at 11:30. more »
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 »
Daily Press Summary (pdf)
Inside Debt Daily for Wednesday, Mar 17 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 »