Sizes of coupon sales unchanged
The Treasury announced that it will sell $126B in debt to raise approximately $78.3B of new money.
The sizes for coupon auctions for next week are unchanged at:
- $58B in 3-year notes
- $41B in 10-year notes
- $27B in 30-year bonds
They said that seasonal or unexpected variations in borrowing needs will be met by t-bills. They also had some commentary on the debt limit but with Congress held by Democrats, that’s not going to be an issue.