| Time | Indicator/Event | Comment |
|---|---|---|
| 08:30 | FRBNY business leaders survey | |
| 10:00 | NAHB index | Slight pullback from high October level |
| 11:00 | Fed outright Treasury coupon purchase | $1.625 billion purchase of 0- to 0.75-year maturities |
| 11:30 | 3- and 6-month bill auction | Unchanged at $45 billion and $42 billion respectively |
| 12:00 | Mester (FOMC non-voter) | At University of Maryland |
| 14:00 | Fed outright Treasury bill purchase | $7.525 billion purchase of Treasury bills |
| 16:00 | Tsy intl cap flows | September data |
Economic Indicator Preview for Monday, November 18, 2019
We think the NAHB homebuilders index will retreat one point to a still-high level of 70 this month.
Treasury Highlights for Monday, November 18, 2019
11:00: Fed purchase: coupons maturing within nine months
11:30: 3- and 6-month bill auctions
14:00: Fed bill pass
This week’s newsletter is a quick read. In additional to our regular quarterly chartbook of foreign holdings of reserve balances, we include a brief response to recent questions from readers about the increased frequency of revisions to our weekly bill auction forecasts.
