ALL TIMES EDT/GMT
TREASURY DEPARTMENT:
Senate Banking Committee holds hearing on the nomination of Herbert Allison to be treasury assistant secretary for financial stability and administrator of the Troubled Asset Relief Program, Washington, 9:30 a.m. (1330 GMT).
Treasury Department announces weekly 3- and 6-month bill sale offerings; announces 3- and 10-year note sales, 30-year bond sale, 11 a.m. (1500 GMT).
FEDERAL RESERVE:
Federal Reserve Bank of Cleveland President Sandra Pianalto speaks on 'Economic Recovery and the Expansion Beyond' before the 2009 INVESTKentucky Conference, Louisville, Kentucky, 7:50 a.m. (1150 GMT).
Federal Reserve Bank of New York President William Dudley speaks on 'A Preliminary Assessment of the TALF' before the Securities Industry and Financial Markets Association Public-Private Investment Program Summit, New York, 8:25 a.m. (1225 GMT).
Federal Reserve Chairman Ben Bernanke gives welcome remarks before the Federal Reserve 'Journal of Money, Credit, and Banking Conference on Financial Markets and Monetary Policy' conference, Washington, D.C. 8:45 a.m. (1245 GMT).
Fed releases weekly money stock, liquid assets and debt measures and the weekly report on factors affecting reserves of depository institutions and the condition statement of the Federal Reserve banks, 4:30 p.m. (2030 GMT).
ECONOMIC INDICATORS:
Labor Department releases first-time claims for jobless benefits for the week ended May 30, 8:30 a.m. (1230 GMT). Economists in a Reuters survey forecast a total of 620,000 new filings compared with 623,000 in the prior week.
Labor Department releases revised Q1 Productivity and Unit Labor Costs, 8:30 a.m. (1230 GMT). Economists in a Reuters survey forecast a rise in productivity of 1.2 percent versus an increase of 0.8 percent in the Q1 preliminary report. Unit Labor costs are seen up 2.9 percent compared with a 3.3 percent rise in the prior report.
ICSC releases chain store sales for May versus a year ago, no set time. In the previous month, sales rose 0.7 percent versus a year ago.
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:
Senate Banking Committee holds hearing on the nomination of Herbert Allison to be treasury assistant secretary for financial stability and administrator of the Troubled Asset Relief Program, Washington, 9:30 a.m. (1330 GMT).
Treasury Department announces weekly 3- and 6-month bill sale offerings; announces 3- and 10-year note sales, 30-year bond sale, 11 a.m. (1500 GMT).
FEDERAL RESERVE:
Federal Reserve Bank of Cleveland President Sandra Pianalto speaks on 'Economic Recovery and the Expansion Beyond' before the 2009 INVESTKentucky Conference, Louisville, Kentucky, 7:50 a.m. (1150 GMT).
Federal Reserve Bank of New York President William Dudley speaks on 'A Preliminary Assessment of the TALF' before the Securities Industry and Financial Markets Association Public-Private Investment Program Summit, New York, 8:25 a.m. (1225 GMT).
Federal Reserve Chairman Ben Bernanke gives welcome remarks before the Federal Reserve 'Journal of Money, Credit, and Banking Conference on Financial Markets and Monetary Policy' conference, Washington, D.C. 8:45 a.m. (1245 GMT).
Fed releases weekly money stock, liquid assets and debt measures and the weekly report on factors affecting reserves of depository institutions and the condition statement of the Federal Reserve banks, 4:30 p.m. (2030 GMT).
ECONOMIC INDICATORS:
Labor Department releases first-time claims for jobless benefits for the week ended May 30, 8:30 a.m. (1230 GMT). Economists in a Reuters survey forecast a total of 620,000 new filings compared with 623,000 in the prior week.
Labor Department releases revised Q1 Productivity and Unit Labor Costs, 8:30 a.m. (1230 GMT). Economists in a Reuters survey forecast a rise in productivity of 1.2 percent versus an increase of 0.8 percent in the Q1 preliminary report. Unit Labor costs are seen up 2.9 percent compared with a 3.3 percent rise in the prior report.
ICSC releases chain store sales for May versus a year ago, no set time. In the previous month, sales rose 0.7 percent versus a year ago.
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.