Free Trial

What to Watch: Month/Quarter-End

US TSYS
  • Slow start to an otherwise busy week for data and Treasury bill and note issuance. Monday data limited to Dallas Fed Mfg Activity at 1030ET (-20.0 est vs. -29.1 prior). Treasury supply kicks off with $65B 13W, $58B 26W bill auctions at 1130ET and $42B 2Y Note auction (91282CHL8) at 1300ET
  • No scheduled Fed speakers for the next couple days, Fed Chairman Powell does participate in a discussion at the Bank of Spain early Wednesday (0230ET), Atlanta Fed President Bostic discusses his economic outlook early Wednesday at 0600ET.
  • Month/quarter end extension trade expected later in the week/ahead upcoming Independence day holidays (early close next Monday, markets closed Tuesday, July 4).
  • Geopolitical risk, markets watching Russia after rebellion against Russian military leadership by Yevgeny Prigozhin’s Wagner Group over the weekend. US Secretary of State Antony Blinken said yesterday that “this is an unfolding story,” but said the rebellion "...was a direct challenge to [Russian President Vladimir] Putin’s authority."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.