Aug. 21:
Treasury yields continue to increase ahead of the Federal Reserve’s Jackson Hole retreat that starts later this week.
Economic calendar
Tuesday, Aug. 22
Wednesday, Aug. 23
- S&P Global Flash US Composite PMI
- New Home Sales
Thursday, Aug. 24
- Advance Durable Goods
- Weekly Initial Jobless Claims
Friday, Aug. 25
- University of Michigan Consumer Sentiment
- Fed Chair Jerome Powell is scheduled to speak at 7:05 a.m. PST at the central bank’s annual Jackson Hole Economic Symposium. The topic for the symposium, held Aug. 24 to 26, is “Structural Shifts in the Global Economy.”
Treasury calendar
Wednesday, Aug. 23
- $16 billion auction of 20-year Treasury bonds
- $24 billion auction of two-year Floating Rate Notes
Thursday, Aug. 24
- $8 billion auction of 30-year Treasury Inflation-Protected Securities
By Mike Kraft, Executive Director and Commercial Real Estate Treasurer for Commercial Banking