Reported about 8 hours ago
A segment of Wall Street bond dealers is urging the US Treasury to increase the size of its 30-year inflation-protected bond auctions, which have remained stagnant since 2021. While demand for shorter-term Treasury inflation-protected securities (TIPS) has been strong, the 30-year TIPS market has experienced significant outflows and limited growth. Controversy arises as some dealers push for a $10 billion increase in auction size, while others believe maintaining the current size is in the best interest of taxpayers.
Source: YAHOO