US to USD 77bln 26-week bills and to sell USD 89bln 13-week bills on February 2nd; to sell USD 90bln 6-week bills on Feb 3rd; all to settle on Feb 5th

The upcoming auction of USD 77 billion in 26-week bills and USD 89 billion in 13-week bills on February 2nd, followed by USD 90 billion in 6-week bills on February 3rd, indicates a continued strong supply in the Treasury market.

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This level of issuance could exert upward pressure on yields, influencing the broader fixed income landscape and potentially impacting risk sentiment and currency flows, particularly regarding the USD.

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