June 06, 2022 15:48 GMT
MNI UST Issuance Deep Dive: June 2022
Treasury issuance is set to continue falling from the pandemic peak in the months ahead.
EXECUTIVE SUMMARY:
- Treasury issuance is set to continue falling from the pandemic peak in the months ahead amid sustained narrowing in the federal budget deficit.
- MNI's auction relative strength indicator reflects a robust performance for coupon sales in May, which in turn reflected stabilization in yields across the curve as the month progressed.
Please see PDF for full analysis:
MNI_US_DeepDive_Issuance_2022_06-2.pdf
Source: US Treasury, MNI
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