ALL TIMES EDT/GMT
TREASURY DEPARTMENT:
Treasury Department sells 11-day cash management bills, 11:30 a.m. ( 1530 GMT)
Treasury Department sells 70-day cash management bills, 1 p.m. (1700 GMT)
FEDERAL RESERVE:
Federal Reserve Chairman Ben Bernanke testifies on current economic and financial conditions and the federal budget before the House Budget Committee, Washington, D.C., 10 a.m. (1400 GMT)
Federal Reserve Bank of Kansas City President Thomas Hoenig speaks before a local business community luncheon, Sheridan, Wyoming, 2:30 p.m. (1830 GMT)
ECONOMIC INDICATORS:
The Mortgage Bankers Association releases Weekly Mortgage Market Index for the week ended May 29, versus the prior week, 7 a.m. (1100 GMT.) The mortgage market index read 786.0 and the refinancing index was 3.890.4 in the previous week.
Challenger, Gray & Christmas Inc. releases its report on job cuts for May, 7:30 a.m. (1130 GMT). Challenger reported 132,590 layoffs in the prior month.
Automatic Data Processing (ADP) releases its May employment report, 8:15 a.m. (1215 GMT) Economists in a Reuters survey expect 520,000 were lost in May versus a loss of 491,000 in April.
Commerce Department releases April factory orders, 10 a.m. (1400 GMT). Economists in a Reuters survey expect a rise of 0.9 percent compared with a 0.9 percent fall in the prior month.
The Institute for Supply Management releases its May non-manufacturing index, 10 a.m. (1400 GMT). Economists in a Reuters survey forecast a reading of 45.0 versus 43.7 in April.
Keywords: DIARY USTREASURIES (U.S. Treasury Desk; +1-646-223-6300) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
TREASURY DEPARTMENT:
Treasury Department sells 11-day cash management bills, 11:30 a.m. ( 1530 GMT)
Treasury Department sells 70-day cash management bills, 1 p.m. (1700 GMT)
FEDERAL RESERVE:
Federal Reserve Chairman Ben Bernanke testifies on current economic and financial conditions and the federal budget before the House Budget Committee, Washington, D.C., 10 a.m. (1400 GMT)
Federal Reserve Bank of Kansas City President Thomas Hoenig speaks before a local business community luncheon, Sheridan, Wyoming, 2:30 p.m. (1830 GMT)
ECONOMIC INDICATORS:
The Mortgage Bankers Association releases Weekly Mortgage Market Index for the week ended May 29, versus the prior week, 7 a.m. (1100 GMT.) The mortgage market index read 786.0 and the refinancing index was 3.890.4 in the previous week.
Challenger, Gray & Christmas Inc. releases its report on job cuts for May, 7:30 a.m. (1130 GMT). Challenger reported 132,590 layoffs in the prior month.
Automatic Data Processing (ADP) releases its May employment report, 8:15 a.m. (1215 GMT) Economists in a Reuters survey expect 520,000 were lost in May versus a loss of 491,000 in April.
Commerce Department releases April factory orders, 10 a.m. (1400 GMT). Economists in a Reuters survey expect a rise of 0.9 percent compared with a 0.9 percent fall in the prior month.
The Institute for Supply Management releases its May non-manufacturing index, 10 a.m. (1400 GMT). Economists in a Reuters survey forecast a reading of 45.0 versus 43.7 in April.
Keywords: DIARY USTREASURIES (U.S. Treasury Desk; +1-646-223-6300) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.