Markets were higher on Friday, easing some of the pain inflicted throughout the week, rising by around 1%, with thedown 83 basis points for the week. This week, it will be all about the data, central bank decisions, and earnings, which likely means that the bond market and currency movements will be in focus.
The Treasury has leaned on issuing more Treasury bills in recent months, which has helped drain the reverse repurchase facility at the Fed. A shift from bills to longer durations could slow that process. Additionally, with a presidential election cycle and a pending debt ceiling debate early next year, it will be interesting to see where the Treasury estimates the Treasury General Account to be at year-end.
Unfortunately, I do not have all the answers, and I am waiting to find out, like everyone else. While I think about what may happen, I prefer to wait and see. But there is no doubt that this is an important week.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »