Huge US bond issuance may compel Fed to alter purchase plans – Financial Times
The Federal Reserve may have to adjust its bond-buying programme to adapt to the enormous issuance of long-dated debt lined up by the Treasury department, strategists say.
Government bond prices dipped on Wednesday, pushing yields up from close to record lows across a range of maturities after the Treasury outlined plans to next week sell a record $112bn of debt maturing in three, 10 and 30…