Headlines

US to sell USD 69bln of 2-year notes on Tuesday March 24th, USD 70bln of 5-year notes on Wednesday March 25th and USD 44bln of 7-year notes on Thursday March 26th; all to settle March 31st

Newsquawk Staff ·

FRN

  • To sell USD 28bln reopened 2-year FRN on March 25th; to settle March 27th. 

Bills

  • US to sell USD 77bln of 26-week bills and USD 89bln o 13-week bills on March 23rd; to sell USD 80bln of 6-wee bills on March 24th; all to settle March 26th

What it means

The upcoming auction of USD 69 billion in 2-year notes, USD 70 billion in 5-year notes, and USD 44 billion in 7-year notes indicates significant government borrowing expected to impact yields. Strong demand for these securities can suggest a healthier appetite for riskier assets, while weak demand may push yields higher and indicate tightening liquidity. This issuances could also influence money market rates and are noteworthy in the context of Federal Reserve policy.

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