The U.S. Treasury Department is expected to announce the largest note and bond auction sizes for the next three months, with investors showing strong demand for Treasuries and corporate bonds. Despite record bond purchases in January, investors are displaying signs of limited appetite for the debt, as high-yield bonds are being overshadowed by other market segments. The Treasury is likely to increase auction sizes in response to the growing budget gap, as it faces higher borrowing needs for the upcoming quarter.
Investors have snatched up record amounts of bonds in January, but they’re showing signs that their appetite for the debt isn’t endless https://t.co/ozrXCFOQOw
Wall Street is craving an even bigger supply of Treasuries and corporate bonds https://t.co/zKJpqVbb75
⚠️ US BUDGET GAP SHOULD PROMPT TREASURY TO INCREASE AUCTION SIZES AGAIN (Reuters) The U.S. Treasury Department is likely to announce one more round of increases in its auction sizes when it details its borrowing needs for the coming quarter next week, as it faces higher…
Investors have mostly ignored high-yield bonds over the past month for more exciting parts of the market. That's in line with other major recoveries from bear markets. After the surge in December, these bonds are consolidating the gains just as they did before the rallies… https://t.co/eyFTK6sDgp
When the Treasury Department previews its note and bond auction sizes for the next three months, some of the projected sizes are likely to be the biggest investors have ever seen https://t.co/CP10wVj5Qy