Overview: Tue, May 24

Daily Agenda

Time Indicator/Event Comment
10:00New home salesLittle change expected in April
10:00Richmond Fed indexAnother solid reading seems likely this month
11:004-, 8- and 17-week bill announcementNo changes expected
12:20Powell (FOMC voter)Delivers pre-recorded welcoming remarks to Indian economic summit
13:002-yr note auction$47 billion offering

US Economy

Federal Reserve and the Overnight Market

Treasury Finance

This Week's MMO

  • MMO for May 23, 2022


    The annual Treasury International Capital (TIC) benchmark survey of foreign holdings of Treasury securities was released at the end of last month.  This survey rarely makes much of a splash because it is published with an extensive lag.  (The latest report covers balances as of June 2021.)  However, the report includes granular details about the maturity and product distribution of foreign holdings that are not available anywhere else. 

MMO Analysis