MONDAY, January 28 The Treasury raises $7.002 billion at its regular weekly auction of three-month and six-month discount bills by selling $44.0 billion to refund $36.998 billion in maturing securities. Also maturing is an estimated $17.0 billion of publicly held four-week Treasury bills, the disposition of which will be announced. New home sales figures for December are released by the Commerce Department. The Treasury auctions $22 billion of two-year notes.
TUESDAY, January 29 Durable goods order, shipment, and inventory figures for December are released by the Commerce Department. Consumer confidence figures for January are released by the Conference Board. The Federal Open Market Committee begins a two-day meeting, after which it will announce whether it is changing the Federal Reserve Board’s interest rate policy. The Treasury auctions $14 billion of five-year notes.