|11:00||1- and 2-month bill announcement||Likely steady at current levels|
|11:00||CMB announcement||15- and 22-week bills|
|11:30||CMB auctions||6- and 17-week bills|
|Dom & imp. auto sales||Substantial rebound in May|
May auto sales data will be released over the course of the day.
Today's updated operational schedule:
Treasury Coupon Purchases
Today's bill announcements: 1- and 2-month bills
Today's CMB announcements: 15- and 22-week bills
Today's CMB auctions: 6- and 17-week bills
We have updated our Treasury borrowing forecasts for the summer months. Under conservative federal deficit assumptions, Treasury bill offering sizes will decline only modestly in the third quarter. Under less conservative assumptions, they will not decline at all.