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What to Watch: Fed-Speak, Debt Ceiling Cares on Simmer

US TSYS
  • Relatively quiet end to the week, Fed speakers will make up for a lack of relevant data Friday:
    • Fed’s Williams Speaks at Monetary Policy Conference at 0845ET
    • Fed's Bowman Takes Part in Discussion at Bankers Convention, 0900ET
    • Fed Chair Powell, Former Chair Bernanke headliners at a Thomas Laubach Research Conference at 1100ET where the topic of R* will inevitably come up - and the possible impacts for Fed policy over the medium-term.Itinerary
  • Default risk concerns cooling after debt ceiling progress made Thursday, nevertheless, potential for headline risk remains.
  • Looking ahead, slow start to next week, while the minutes from the May 3 FOMC will be released next Wednesday.

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