Reply To: Bond Traders Weekly Outlook: Bond Markets Moving with Chaotic Trepidation


US Treasury to sell $40B in 3 years, $35B in 10 years and $21B in 30 years next week

To keep nominal coupon and floating rate new issue sizes
Could modestly raise auction sizes later this year, possibly as soon as August
Anticipates greater than normal variability in benchmark bill issuance and significant use of cash management bills until debt limit suspended or increased
Failure to raise or suspend debt ceiling with all due haste is reckless and is already disrupting Treasury market functioning
The Treasury Department said they plan to implement a program in early 2024, and the details of the buyback program will be finalized over the balance of 2023.