FW: [Maybank] Ramp Up of US Debt Issuance This Week

 

 

Ramp Up of US Debt Issuance This Week Global Markets Daily by Saktiandi Supaat FX Research US Treasury seeks to sell $258bn worth of debt this week. Starting today, $151bn worth of short term bills including record amounts of 3month and 6month T-bills and $28bn of 2Y fixed rate notes; $35bn in 5Y debt tomorrow; $29bn in 7Y notes on Thu will be on sale. US Treasury is also planning to add $15bn to an older 2Y floating rate issue. Large issuance this week may pose upside risks to UST yields. Key concern is if the pace of increase exceeded expectations. We believe a rapid increase ... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Christopher Wong     (65) 6320 1347     wongkl@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.