| Time | Indicator/Event | Comment |
|---|---|---|
| 11:30 | 13- and 26-wk bill auction | $70 billion apiece |
| 12:50 | Barkin (FOMC voter) | On the economic outlook |
| 13:00 | Williams (FOMC voter) | Speaks at Milken Institute conference |
| 15:00 | STRIPS data | April data |
Economic Indicator Preview for Monday, May 6, 2024
No major U.S. indicators are due this morning.
Treasury Highlights for Monday, May 6, 2024
Last week’s Fed and Treasury announcements allowed us to do a lot of forecast housekeeping. Net Treasury bill issuance between now and the end of September appears likely to be somewhat higher on balance and far more volatile from month to month than we had previously anticipated. In addition, we discuss the implications of the unexpected increase in the Treasury’s September 30 TGA target and the Fed’s surprising MBS reinvestment guidance.
