Reuters interviews US Treasury official Miller who says the government is on track to gradually reduce the size of Treasury auctions. The has scope to cut the auction sizes in the 2,3,5 and 7 year sectors, he says. The will increase TIPS issuance (Treasury Inflation Protected Securities) in-line with market demand,
The Treasury is still seeing deep interest in auctions with strong coverage levels, she says.
Bottom line: Get ‘em while they’re hot kids!. Buy now because they may not make anymore…
Spoken like a true saleswoman!
