wricaplogo

Overview: Mon, July 29

Daily Agenda

Time Indicator/Event Comment
10:30Dallas Fed manufacturing surveyProbably even more deeply negative this month
11:3013- and 26-wk bill auction$76 billion and $70 billion respectively
15:00Tsy financing estimates

US Economy

Federal Reserve and the Overnight Market

This Week's MMO

  • MMO for July 22, 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.

MMO Analysis