U.S. economic indicators and Treasury debt sales are scheduled for Monday, August 24, with the Chicago Fed National Activity Index and two Treasury bill auctions among the highlights.
The Chicago Fed National Activity Index, due at 7:30 a.m. ET, measures economic conditions across five Midwestern states. The June reading stood at -0.02, indicating a slight contraction. The index is closely watched as a gauge of broader U.S. economic momentum and potential inflation pressures.
At 10:30 a.m. ET, the Treasury will auction $50 billion in 3-month bills and $50 billion in 6-month bills. The June 3-month bill auction yielded 3.715%, while the 6-month bill auction yielded 3.780%. Investors typically compare these results to prior auctions to assess demand and funding conditions in short-term government debt markets.
The data slate follows a week of mixed signals from U.S. economic reports and comes ahead of the Federal Reserve’s next policy decision, expected in September.
