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J.P.Morgan Look For Upsized Min-Month Supply

US TSYS

J.P.Morgan note that Thursday will see "Treasury announce mid-month supply for auction next week. We expect $50bn 3-year notes, $2bn larger in size than last month, as well as $35bn reopened 10-year notes and $23bn reopened 30-year bonds, $6bn and $4bn larger in size since their last reopening auctions, respectively. We think the 3-year roll should open at +0.5bp."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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