The refunding: Treasury announced Wednesday it would sell $112 billion in notes and bonds next week. That’s up from $103 billion last quarter. This issuance will refund $102.2 billion of notes maturing on Nov. 15 and raise new cash of approximately $9 billion.
The department will auction $48 billion of 3-year Treasury notes BX:TMUBMUSD03Yon Nov. 7, $40 billion of 10-year notes BX:TMUBMUSD10Yon Nov. 8, and $24 billion of 30-year bonds BX:TMUBMUSD30Yon Nov. 9.
Auction…
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