Yields Surge After Treasury Announces Record $96BN In Treasury Refunding, Launches 20-Year Coupon Bond
May 06, 2020 at 10:19 AM EDT
The Treasury will boost long-term refunding debt sales next week to a record $96 billion to refund approximately $57 billion of privately-held Treasury notes and bonds maturing on May 15, 2020, and raising $39 billion in new cash.