US Treasury increases auction sizes of all nominal coupon debt

NEWS | May 02 2018, 12:41 GMT | By Haresh Menghani

According to the latest reports hitting the wires, the US Treasury is said to increase auction sizes of all nominal coupon debt and also plans to introduce two-month bill later in 2018.

Key headlines:

Will keep TIPS auctions unchanged.
This is the second consecutive quarterly rise in debt sales after a long-term downtrend starting in 2009.
Will sell $31B in 3-year notes compared to $30 billion last month and $26B in Feb.
The 10-year note size will rise to $25 billion from $24 billion.
30-year to $17 billion from $16 billion.

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