US Treasury says it doesn't expect to raise coupon auction sizes for next several quartersThe Treasury maintained the language in the quarterly refunding announcement that said they didn't expect a need to raise coupon auction sizes for the next several quarters. This was largely expected was coupled with no surprises for coupon sizes at:
- $58B in 3s
- $42B in 10s
- $25b in 30s
Overall the announcement includes $125 billion of refunding at $8.6 billion in new cash. A lone change is that 5-year TIPS will increase to $22B from $21B in December.
This article was written by Adam Button at www.forexlive.com.
Source: US Treasury says it doesn't expect to raise coupon auction sizes for next several quarters (https://www.forexlive.com/news/us-treasury-says-it-doesnt-expect-to-raise-coupon-auction-sizes-for-next-several-quarters-20241030/)
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