The US Treasury said it’s keeping an eye on rising demand for the shortest-dated federal securities — from both the Federal Reserve and the private sector — but still offered no tilt on Wednesday toward trimming sales of notes and bonds.
In its so-called quarterly refunding statement Wednesday, the department said it anticipated keeping auction sizes unchanged for nominal notes, bonds and floating-rate notes, “for at least the next several quarters.” US debt managers have been using that same forward guidance for two years now.
It also said that, looking ahead, it “continues to evaluate potential future increases to ...
