US Treasury increases auction sizes of all nominal coupon debt

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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