| Time | Indicator/Event | Comment |
|---|---|---|
| 10:00 | Fed agency MBS-only overnight RRP test operation | Test operation not to exceed $175 million |
| 10:00 | NAHB index | Marginal decline seems likely this month |
| 10:45 | Williams (FOMC voter) | Moderated Q&A in the Bronx |
| 11:00 | 4- and 8-week bill announcement | No changes expected |
| 11:30 | 3- and 6-month bill auction | $3 billion reductions in each maturity |
Economic Indicator Preview for Monday, November 19, 2018
We expect the NAHB housing market index to post a one-point downtick to 67, which would be close to its level of the past several months.
Treasury Highlights for Monday, November 19, 2018
Today’s bill announcements: 1- and 2-month bills
Today’s bill auctions: 3- and 6-month bills
This issue of the Money Market Observer is a short read for a short week. It includes our regular monthly chartbook of money fund repo positions along with some observations about the ongoing diversification of the money fund industry’s collection of repo counterparties.
