Treasury sells a record $839B across 11 auctions in one week; that's ~$168B per business day, but only $106B was new borrowing
The US Treasury sold a record $839 billion of bills and notes across 11 auctions this week, topping last year's $834 billion.
That's about $168 billion every business day. Only $106 billion was new money. The rest rolled over maturing bills. That pile is the real risk because it reprices at whatever the Fed does next.
https://news.bloomberglaw.com/capital-markets/us-treasury-borrows-record-839-billion-in-auctions-this-week
Sources: Lumida: record $839B week, ~$733B refinanced maturing debt; next quarterly refunding statement Nov 4
Not financial advice. For informational and educational purposes only.

