|08:30||Chicago Fed NAI||Down from last month but still solidly above trend|
|09:45||Markit mfg PMI (flash)|
|10:00||Existing home sales||Little change expected in March|
|11:00||4-week bill announcement||Likely steady at $45 billion|
|11:30||3- and 6-month bill auction||Steady at current levels for the fourth consecutive week|
|15:00||Treasury investor class auction data||Mid-April data|
There are no major indicators due out this morning. Highlights of our week-ahead capsule previews include consumer confidence on Tuesday, durable goods on Thursday, and GDP and the employment cost index next Friday.
The April tax season gets underway in earnest this week. The daily Treasury cash flow statements that will be released on Wednesday this week and next will be particularly important in updating our bill issuance forecasts for the remainder of the quarter. Also, the New York Fed released its annual open market operations report last week with updated balance sheet projections, giving us an opportunity to revisit the ever-popular topic of the Fed’s internal RRP pool for foreign official institutions.