Record US Treasury Debt Auction Could Overwhelm Market Appetite Without Further Federal Reserve Support – MarketWatch

Record US Treasury Debt Auction Could Overwhelm Market Appetite Without Further Federal Reserve Support – MarketWatch

Niall Carson / Zuma Press

In recent weeks, the US treasury bill market has shown signs of indigestion as the federal government auctions record amounts of debt that may start to overwhelm investor appetites.

As investors globally appreciate the higher yields on US debt relative to negative rates in Europe, new issues could soon overwhelm the Federal…

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