Overview: Mon, August 19

Daily Agenda

Time Indicator/Event Comment
11:00Fed outright Treasury coupon purchase

$1.825 billion purchase covering 0.75- to 1.5-year maturities

11:303- and 6-month bill auction$45 billion and $42 billion respectively

US Economy

Federal Reserve and the Overnight Market

This Week's MMO

  • MMO for August 12, 2019

    This week’s MMO features our quarterly chartbook of foreign bank holdings of reserve balances.  Aggregate FBO holdings in our sample were down $54 billion between the end of March and the end of June, which is close to the average quarterly decline over the preceding year.  The decline in foreign holdings may accelerate in Q3.

MMO Analysis