Before the Fed decision, all eyes will be on this big Treasury debt announcement Wednesday

Posted on AllSides October 31st, 2023
From The Center
Olivier Douliery | Afp | Getty Images

Auctions of government debt, normally routine events for the Treasury Department, have suddenly become very important to financial markets.

With debt, deficits and bond yields all surging, investors are watching closely how the government will go to market with its borrowing needs.

Both bond and stock markets have been volatile amid fears of oversupply at a time when the Federal Reserve is keeping monetary policy tight, and as investors are demanding a premium for interest rate risk and geopolitics is posing various wild cards.

That’s why an announcement Wednesday on refunding, entailing the size...

Read full story
Some content from this outlet may be limited or behind a paywall.

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right