Treasury Doesn’t Expect to Boost Auction Sizes for ‘Next Several Quarters’

Treasury Borrowing Advisory Committee approves T-bill issuance.
Treasury Doesn’t Expect to Boost Auction Sizes for ‘Next Several Quarters’
Treasury Secretary Janet Yellen attending a discussion in Vienna, Va., on Jan. 8, 2024. Samuel Corum/Getty Images
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The Treasury Department doesn’t expect to boost the issuance of short- and long-term debt securities for “several quarters,” dismissing potential risk amid the vast budget deficit.

Ahead of next week’s quarterly refunding auction, Assistant Secretary for Financial Markets Josh Frost announced that the department will offer $125 billion of government bonds to raise a fresh injection of cash.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."