Treasury quarterly refunding announcement
2, 3 and 5-year sales to rise $1 billion over next three months
To sell $34 billion 3-year, $26 billion 10-year and $18 billion 30-year notes
Will begin auctioning 2-month bills in October
Adjustments will result in $30 billion in new issuance in coming quarter
TIPS sizes to remain unchanged
The deficit is rising and that means more borrowing. Without the Fed buying, how much can the market take?
