Treasury Market Fired Up to Vault Over Biggest Supply Hurdle Yet – Bloomberg
Long-dated bonds are all the rage right now. Luckily there’s no shortage of supply on the way.
The U.S. Treasury will announce its borrowing plans for the next three months this week, with that blueprint expected to show a shift from astronomical bill issuance — close to $2.5 trillion — to record sales of notes and bonds. Wall Street seems to agree that the department will lean on the…