Time | Indicator/Event | Comment |
---|---|---|
10:30 | Dallas Fed manufacturing survey | Probably even more deeply negative this month |
11:30 | 13- and 26-wk bill auction | $76 billion and $70 billion respectively |
15:00 | Tsy financing estimates |
Economic Indicator Preview for Monday, July 29, 2024
With the Treasury refunding announcement and an FOMC meeting both due next Wednesday, we are getting our refunding preview out of the way early in this week’s newsletter. We expect the Treasury to keep coupon issuance on an even keel again this quarter. The next change in gross offering sizes will clearly be an increase but the Treasury is likely to remain agnostic about the timing.