Reported about 14 hours ago
The US bond market is anticipating an influx of up to $1 trillion in Treasury supplies in the latter half of the year, as lawmakers inch closer to resolving the debt ceiling issue. This increased issuance will likely focus on shorter-dated debt, raising concerns about who will absorb the additional securities. With projections indicating significant increases in the federal deficit, strategists warn that the surge in Treasury supply could impact repo rates and market dynamics.
Source: YAHOO