US to sell USD 69bln of 17-week bills on Februay 11th, USD 105bln of 4-week bills and USD 95bln of 8-week bills on February 12th; all to settle February 17th

US to sell USD 69bln of 17-week bills on Februay 11th, USD 105bln of 4-week bills and USD 95bln of 8-week bills on February 12th; all to settle February 17th.

The planned issuance of USD 69 billion in 17-week bills and a combined USD 200 billion in shorter-term bills indicates a significant upcoming influx of U.S. Treasury supply. This could impact demand dynamics and term premiums in the fixed income market, especially if investor appetite isn't robust, potentially leading to upward pressure on yields. Keeping an eye on market sentiment around this issuance is critical, as it can also influence risk appetite across FX and commodities.