US Treasury Keeps Auction Sizes Unchanged Through July, Launches Buyback usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
The Treasury Department said on Wednesday it intends to keep auction sizes steady for U.S. notes and bonds over the next several quarters, in line with expectations, as it announced total. -May 01, 2024 at 03:12 pm EDT
- MarketScreener
The Treasury Department said on Wednesday it intends to keep auction sizes steady for U.S. notes and bonds over the next several quarters, in line with expectations, as it announced total refunding of $125 billion for the May to July quarter. The Treasury's last regular buyback program began in the early 2000s and ended in April 2002. In a statement, the Treasury said it would sell $58 billion in U.S. three-year notes, $42 billion in 10-year notes, and $25 billion in 30-year bonds next week.
Investors are increasing their bets that the Bank of Japan will need to keep raising borrowing costs as a weaker yen fuels inflation and puts pressure on the.