All the numbers are unchanged and that was expected.
The Treasury said there would be 'greater than normal' bill issuance until the debt ceiling is raised.
Bond market participants were worried the Treasury would remove the line "Treasury anticipates maintaining nominal coupon and FRN auction sizes for at least the next several quarters" but it was retained. It was introduced in Feb 2024.
There is a belief that Bessent will eventually weight issuance more to the long end.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Treasury refunding announcement shows most auction sizes unchanged for several quarters )
Also on site :
- Thunberg accuses Israel of kidnap after Gaza aid boat intercepted
- Diddy trial live: Ex-girlfriend ‘Jane’ describes what happened during sex parties after judge denies mistrial request
- Chart-Topping '90s Rocker, 59, Stuns Fans With Unexpected Side Career