Holger Zschaepitz
In case you missed it: The US Treasury ramped up its estimate for federal borrowing for the current quarter to $243bn, more than most dealers had anticipated.
Should ultimately mean ~$100bn more bills in Q3 given the assumption that coupon supply is unlikely to move from the current schedule. https://bloomberg.com/news/articles/2024-04-29/us-lifts-quarterly-borrowing-to-243-billion-above-forecasts?utm_source=website&utm_medium=share&utm_campaign=twitter?sref=R17xFhjo…
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