US Treasury Reveals Lower Than Expected Rate Of Debt Sales In Quarterly Refunding Plan; Yields Slide | ZeroHedge


WEDNESDAY, NOV 01, 2023 – 08:59 AM

We already knew – after its publication on Monday – that in the current quarter, the Treasury expected to issue $776BN in debt in the current quarter, or some $76BN below the previous forecast published last quarter, a welcome slowdown in debt issuance as a result of slightly higher than expected tax receipts in October.

Today’s Treasury Refunding Announcement gave the details of what the composition of this issuance would be, with a focus on Coupon vs Bill sales.

Please read more at the below link: