$183B of 3s, 5s and 7s on auction next week pic.twitter.com/0xpbha0Cej
— Markets & Mayhem 🤖 (@Mayhem4Markets) June 21, 2024
Next week, the U.S. Treasury is set to auction $183 billion in marketable securities. Here’s the breakdown:
These auctions serve both to refund maturing notes and to raise new cash.
Government debt is bigger than the ENTIRE US economy
In 2012, debt surpassed GDP for the first time. Ever.
There’s been no looking back ever since… pic.twitter.com/7ZHQII8v4Q
— Game of Trades (@GameofTrades_) June 21, 2024