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Lots of new supply: Treasury debt of notes and bonds outstanding ballooned by $70 billion this week. By Wolf Richter for WOLF STREET. The US government sold $743 billion of Treasury securities during the week, in 10 auctions. Of them, $612 billion were Treasury bills, spread over seven massive auctions, with maturities from 4 weeks to 52 weeks, most of them to replace maturing T-bills. And $131 bi...
US Government Sold $743 Billion of Treasury Securities this Week, 30-Year Yield at 5.06% on Inflation, Lax Fed, Supply Fears | Huntaegis