Treasury Keeps Note and Bond Auction Sizes Steady, Signals Shift Could Come in Early 2027
The U.S. Treasury said it will hold coupon and floating-rate note auction sizes steady for at least the next several quarters as it outlined a $125 billion refunding for May through July 2026 that will raise $41.7 billion of new cash from private investors. Primary dealers, according to Treasury Borrowing Advisory Committee minutes, expect nominal …