US to sell USD 13bln of 20-year bonds on March 17th and USD 19bln of 10-year TIPS on March 19th; all to settle March 31st

The planned issuance of $13 billion in 20-year bonds and $19 billion in 10-year TIPS highlights the Treasury's strategy to manage its debt profile.

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UK Defence Secretary Healey says Iran is likely mining the Strait of Hormuz

US President Trump says the Iran national soccer team is welcome to the World Cup, but I really don’t believe it is appropriate that they be there, for their own life and safety

US to sell USD 13bln of 20-year bonds on March 17th and USD 19bln of 10-year TIPS on March 19th; all to settle March 31st

Norwegian Maritime Authority announces that Norwegian ships will not, until further notice, be permitted to enter the Strait of Hormuz

US President Trump's administration is reportedly set to suspend the Jones Act to curb oil price increases, Bloomberg reports

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  • US to sell USD 89bln of 13-week bills and USD 77bln of 26-week bills on March 16th and USD 86bln of 6-week bills and USD 50bln of 52-week bills on March 17th; all to settle March 19th. 
Context

This magnitude indicates ongoing efforts to meet funding needs in the face of evolving market conditions, which may impact yields and investor sentiment around duration risk leading into the March 31 settlement.

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