The next release of the tentative outright Treasury operation schedule will be at 3 p.m. on November 27, 2013. At that time the Desk will publish information on transaction prices for securities included in the operations listed above.
We continue to see regular TOMO -- temporary -- operations, where Treasuries are sold back into the market. We had TOMOs all week -- why? Who is starved now for quality collateral? What's going on out there in the shadow banking system?
So all eyes are on Wednesday, while the indexes and VIX continue to form wedge shapes.