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Overview: Mon, November 30

Daily Agenda

Time Indicator/Event Comment
09:45Chicago PMINot quite as strong this month
10:00Pending home salesFlat in October
10:30Dallas Fed manufacturing surveyNot quite as strong this month
11:303- and 6-month bill auctionUnchanged at $54 billion and $51 billion respectively
15:00Fed outright purchase schedule announcementLineup of purchases for the next two weeks

US Economy

Federal Reserve and the Overnight Market

This Week's MMO

  • MMO for November 23, 2020

    We covered the basics of the Treasury’s disappointing decision to close five of the Fed’s 13(3) CARES Act facilities in our Friday morning commentary, but questions continued to pour in over the course of the day -- especially with respect to the implications for the Fed's balance sheet and Treasury borrowing.  This week’s MMO summarizes our answers to the most common questions from readers.

MMO Analysis