Traders Face Impossibly Busy Stretch As Macro Meets Mega-Caps
"I mean, are you kidding me with this week's event risk?" Nomura's Charlie McElligott exclaimed, looking ahead to what'll be a very busy stretch for traders.
To call this week's docket crowded would be an understatement, and not a small one either. Every day, there are "binary catalysts for rates and risk assets" (as Charlie put it), starting with the Treasury financing estimate on Monday.
It's fair to suggest the Treasury refunding announcement is actually the most important scheduled "macro"