Few billion, $20 billion in Treasuries, plus another $10 billion in corporate deals, and $9 billion in Freddie Mac, enough to move the market about half a point though. Not to mention by the end of the month we will probably hit close to $50 billion in supply. We haven't even had massive CMBS deals, which will weigh on the market at some point. And if that isn't enough, the Treasury Refunding in February with the new 30yr bonds, which I think they will auction more than expected.
<b><i>Treasuries weaker as supply talk dominates</i></b> http://news.ft.com/cms/s/3fe2b206-81d1-11da-aea0-0000779e2340.html <b><i>Heavy Treasury supply poses challenge</i></b> http://news.ft.com/cms/s/a1a31b48-814a-11da-8b55-0000779e2340.html