US Treasury to sell USD 13bln of 20-year bonds on Jan 21st, to settle Feb 2nd and USD 21bln of 10-year TIPS on Jan 22nd, to settle on Jan 30th

• US to sell USD 85bln of 6-week bills (prev. 75bln), USD 89bln of 13-week bills (prev. 86bln), USD 77bln of 26-week bills (prev. 77bln) and USD 50bln of 52-week bills (prev. 50bln) on Jan 20th, to settle Jan 22nd.

The announcement of the US Treasury's bond sales, particularly increasing the 20-year and TIPS offerings, signals stronger government funding needs. This may indicate heightened supply in the market, potentially putting upward pressure on yields. Traders should monitor demand dynamics and reactions in the yield curve as these auctions approach, as participation levels can influence overall market sentiment toward fixed income assets.