US to sell USD 69bln of 17-wk bills on April 8th; USD 75bln of 8-wk bills and USD 80bln of 4-wk bills on April 9th; all to settle April 14th

The upcoming U.S. treasury bill auctions signal a substantial increase in short-term debt issuance, with $69 billion in 17-week bills and additional $75 billion and $80 billion bills scheduled for subsequent days. This heightened supply could pressure yields higher, potentially impacting the rates landscape and affecting investor sentiment across fixed income and related asset classes, including the USD and commodities.