Traders Brace for $102 Billion Wave of Treasury Bond Sales Liz Capo McCormick - Bloomberg The US Treasury is set this week to begin a ramp-up in issuance of longer-dated securities that's likely to stretch into next year, forced by a rapidly deteriorating budget deficit and soaring interest rates. For the first time since early 2021, the Treasury will boost its so-called quarterly refunding of longer-term Treasuries, to $102 billion from $96 billion, the consensus among dealers suggests. While down from the record levels hit during the Covid-19 crisis, that's well above pre-pandemic levels. /jlne.ws/3Ycpe0U
It will be interesting who absorbs the majority of the issued financial instrument. Sell, baby sell! Between international conglomerates and BRIC nations. I would still put my money on gold rather than a EE Akuma