| Time | Indicator/Event | Comment |
|---|---|---|
| 07:00 | MBA mortgage prch. index | Little net change since early May |
| 10:00 | Wholesale inventories | Moderate increase in May |
| 11:00 | Treasury buyback announcement (liq support) | Nominal coupons 2Y to 3Y |
| 11:30 | 17-wk bill auction | Unchanged at $72 billion |
| 13:00 | 10-yr note (r) auction | $39 billion offering |
| 14:00 | FOMC minutes | Background discussion of the change in guidance practices? |
| 15:00 | Treasury investor class auction data | Full June data |
| 15:00 | Consumer credit | May data |
Treasury Highlights for Wednesday, July 8, 2026
Economic Indicator Preview for Wednesday, July 8, 2026
Individual FOMC members have been speaking less in recent weeks than in the past, but the market won't be starved for Fed news this month. That’s a good thing. Providing the markets with conditional insight into the Fed’s reaction function can enhance both price discovery and policy effectiveness. Also, we had not planned to revisit the tariff refund outlook again as soon as this week, but a massive outflow on June 29 changed our plans.