| Time | Indicator/Event | Comment |
|---|---|---|
| 08:30 | PPI | Expect another energy-related jump in May |
| 08:30 | Jobless claims | May reverse last week's rise |
| 10:00 | Quarterly services survey | Full Q1 data |
| 11:00 | 6-, 13- and 26-wk bill announcement | Unchanged offerings expected |
| 11:00 | 5-yr TIPS (r) and 20-yr bond (r) announcement | No changes planned |
| 11:30 | 4- and 8-wk bill auction | $70 billion and $75 billion respectively |
| 13:00 | 30-yr bond (r) auction | $22 billion offering |
| 14:00 | Treasury buyback (cash mgmt) | Nominal coupons 1M to 2Y |
Treasury Highlights for Thursday, June 11, 2026
Economic Indicator Preview for Thursday, June 11, 2026
The May PPI report and the weekly jobless claims data will come out at 8:30 this morning.
Friday’s employment report shifted the Fed policy calculus meaningfully. The market, quite reasonably, interpreted the report as a sign that the FOMC was likely to face pressure to raise rates by the fourth quarter of this year – and we agree. Our earlier concerns about potential labor market fragility have been put to rest (for the time being, at least), leaving persistent inflation risks as the Fed’s dominant policy concern.
