Mostly: Classical

[amarksp]

The U.S. Treasury Quarterly Refunding press release will be of interest. This press conferences will be held on Wednesday morning Nov 2nd.

The US Treasury web site is updated shortly after the press conference around 9:00 AM on November 2, 2005.. I like looking at the charts... http://www.treas.gov/offices/domestic-finance/debt-management/qrc/

From the August 05 Fiscal Year charts:
"• FY 2005 Q4 and FY 2006 Q1 Outlook:
– Estimated net marketable borrowing of $59 billion this quarter and $97 billion next quarter.

Thus, the number to watch is how actual refunding amount compares to $97B projection made in August... Katrina/Rita has likely made this funding requirment considerably above $100B this quarter. We'll see...

Considerable economic news coming out this next week that can impact the markets... Will be a busy week.
http://www.marketwatch.com/news/story.asp?column=Economic+Preview&siteid=mktw&dist=