US Treasury Announces $125 Billion Quarterly Refunding
- US Treasury announces a $125 billion quarterly refunding, raising $28.7 billion in new cash
- US Treasury to sell $58 billion in 3-year notes, $42 billion in 10-year notes, and $25 billion in 30-year bonds next week
- US Treasury will keep coupon and floating-rate note auction sizes unchanged for at least the next several quarters
- US Treasury expects to maintain bill auction sizes in the coming weeks
- US Treasury expects to issue a short-dated Cash Management Bill in late August
- US Treasury expects the Treasury General Account (TGA) cash balance to peak at $1.05 trillion in late October
- US Treasury will keep TIPS auction sizes unchanged