Agenda
| Time | Indicator/Event | Comment |
| 00:01 | Manpower survey | Still very gloomy |
| 09:45 | Freddie Mac bill auction | $4 billion in 3- and 6-month bills |
| 10:15 | Fed Treasury coupon purchase | August 2014 to July 2016 maturities |
| 11:00 | 4-week bill announcement | Small reduction possible |
| 11:30 | 3- and 6-month bill auction | 10th consecutive $60 billion offering |
| 13:00 | 3-yr note auction | $1 billion reduction to $33 billion |
| 14:00 | Fed disc rate minutes | Little sentiment for boosting the discount rate |
| 15:00 | STRIPS data | August data |
| 17:00 | ABC consumer comfort index | Still stuck in a rut |
Intraday Updates
The Manpower net hiring index remained quite soft in the third quarter. more »
Economic Indicators
The economic calendar is exceptionally light this week. The only major monthly indicator is the trade deficit for July on Thursday morning. There are no significant indicators on Tuesday’s calendar except for the quarterly Manpower employment outlook survey, which is due out overnight. more »
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations The Desk will target the 4- to 6-year maturity sector in this morning's Treasury coupon pass. more »
Fed Funds Monitor Fed funds data tables more »
Treasury Finance
The Treasury will have to jump right into its coupon auction schedule today due to the Monday holiday. In addition to $60 billion of 3- and 6-month bills at 11:30, it will sell $33 billion of 3-year notes at 1:00. It will also announce the terms of tomorrow's 4-week bills and 8-week SFP auction. more »
The Money Market Observer
Monday, Sep 6 One of the many changes resulting from this summer’s financial reform bill will be a major overhaul of FDIC deposit insurance premiums. The assessment base for deposit insurance premiums will be expanded to include all assets (net of tangible equity) of domestic banks. At the same time, the FDIC is designing a new, more sophisticated formula for calculating premiums for large banks that will enable it to better match insurance fees with the risks that individual institutions pose to the deposit insurance fund. The changes are certain to alter the relative costs of different forms of bank funding, but the precise impact will be difficult to predict until more specifics are announced. Fed funds are one sector that could be affected significantly. Depending on the details, the new framework could push the overnight effective funds rate farther below the interest rate on excess reserves. more »
Daily Press Summary (pdf)
Inside Debt Daily for Tuesday, Sep 7 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 »
