The US Treasury Department today released data to what extent it will boost the issuance of Treasury notes (maturities of 2 years to 10 years) and Treasury bonds (20 years and 30 years), and it starts in August.
- So far, Treasury has funded the huge gigantic deficits and the refilling of its checking account, the Treasury General Account, by selling at auction a torrent of Treasury bills (1 year or less) and Cash Management Bills (short-term bills with maturities ranging from a few days to months).
- But now comes the supply of longer-term notes and bonds.