| Time | Indicator/Event | Comment |
|---|---|---|
| 08:30 | Housing starts | Single-family starts and permits probably declined in August |
| 08:30 | US current account | Mild narrowing in the deficit in Q2 |
| 11:00 | 1- and 2-month bill announcement | No changes expected |
| 11:00 | 17-week CMB announcement | No changes expected |
| 13:00 | 20-yr bond (r) auction | $24 billion offering |
Economic Indicator Preview for Tuesday, September 21, 2021
Fed Highlights for Tuesday, September 21, 2021
Today's Treasury coupon purchase schedule:
Treasury Highlights for Tuesday, September 21, 2021
Last week’s tax flow data didn’t alter the debt ceiling outlook greatly. Revenue trends remain positive, but our tentative guess is still that the Treasury will hit a wall by the end of October. On the Fed front, we still expect this Wednesday’s FOMC statement to put the market on notice that a taper is likely as soon as November if economic trends remain positive.
