Week ahead for Govvies:
Monday: $29 billion in 13-week bills and $28 billion in 26-week bills;
Tuesday: $35 billion in two-year notes (same as last month)
Wednesday: $35 billion in five-year notes (same as last month)
Thursday: $29 billion in seven-year notes (same as last month)
Friday: and on the fifth day, the Treasury took a rest - and it was good (more time for POMO).
Will trade for rare earth.
This is my effort to help fit the pieces together to get a better picture of the capital markets.
“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”
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