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July 9, 2012  Mon 1:29 AM CT

XLY: SEE CHART GET CHAIN
The economic calendar is light, with consumer credit as the main release of the day.

The schedule begins with a fourth-week Treasury bill auction announcement at 11 a.m. ET, followed by a three-month note auction at 11:30 a.m. ET.

San Francisco Federal Reserve Bank President John Williams is scheduled to speak at 11:55 a.m. ET.

Consumer credit for May will be reported at 3 p.m. ET. The consensus forecast calls for a rise to  $8.5 billion from $6.5 billion in April. Estimates range from $5 billion to $15.6 billion.


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