Updated
Updated · Bloomberg · Jul 5
US Treasury Launches $119 Billion Debt Sales With 10- and 30-Year Auctions
Updated
Updated · Bloomberg · Jul 5

US Treasury Launches $119 Billion Debt Sales With 10- and 30-Year Auctions

2 articles · Updated · Bloomberg · Jul 5

Summary

  • $119 billion in Treasury auctions this week will test demand for longer-dated US debt, with benchmark 10-year notes sold Wednesday and 30-year bonds Thursday.
  • The schedule starts Tuesday with 3-year notes, making the long-end sales the main focus in an otherwise light week for economic events.
  • Bond traders are also watching the June Federal Reserve minutes for clues on policy that could shape appetite for those maturities and broader Treasury yields.

Insights

Will this auction reveal the true price the world demands for funding America's growing debt?
As America's debt burden grows, who will be the buyers of last resort for its bonds?
With US debt at $39 trillion, is the world's safest investment becoming a major global risk?