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Breakfast Bites - Treasury announcement could move markets
Busy week ahead; Evergrande's liquidation is questionable; ECB signals summer cut
Rise and shine everyone. Happy Monday.
We have a very busy week ahead of us not just in terms of macro but also in terms of earnings.
For the Macro, we have the Treasury Quarterly Refunding announcement this week - the date is set for 31 Jan. Last quarter, the Treasury decided to issue fewer than expected long-term bonds largely because the term premium at the time made it more expensive.
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