US to sell USD 16bln of 20-year bonds on May 20th; to settle June 1st; to sell USD 19bln of 10-year TIPS; to settle May 29th

The scheduled sales of USD 20-year bonds and TIPS reflect a significant supply increase in the fixed income market, which could impact yields and investor sentiment. With the total issuance including short-term bills remaining consistent, market participants will be closely watching for demand dynamics during these auctions, as weak demand could indicate shifts in risk appetite or liquidity conditions.