I'm also quite interested to see what the demand is like for US Treasury bonds.
The US Government is going to sell its first new tranche of Treasury bonds this week in an attempt to raise US$67 billion to meet part of the bail out costs. Apparently, this is the largest amount raised through federal debt during any three month period.
It is also expected that the US Treasury will begin a monthly auction to sell all maturities of its benchmark bonds and at the end of the month, the Treasury will start selling seven-year bonds for the first time in 15 years.
Will China and Japan be buying? Saudi?
Cheers
SBC
I'm also quite interested to see what the demand is like for US...
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