Treasury Auctions Jan 26

Thursday's auctions:

4-week: Tender $195.11bn; Accept $75.92bn; T/A=2.57; Median yield 4.43 percent.

Maturing batch: $45.94bn at 3.65 percent. Annualized debt-cost mark up: $1.686bn

8-week: Tender $154.64bn; Accept $60.74bn; T/A=2.55; Median yield 4.48 percent.  

Maturing batch: $46.2bn at 4.05 percent. Annualized debt-cost mark up: $430m

7-year: Tender $94.17bn; Accept $35bn; T/A=2.69; Median yield 3.457 percent.  

Maturing batch: $29.5bn at 1.72 percent. Annualized debt-cost mark up: $703m

Total mark up: $2.8bn

Estimated average interest on debt: 2.3 percent

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We do not give investment advice. 

This blog provides analytical information solely for the purposes of 1) predicting the cost of the federal debt, and 2) for assessing the risk for a U.S. fiscal crisis. All information published here, forecasting and other, is based on publicly available data from the U.S. Treasury, including but not limited to approximately 65 percent of the current debt; on macroeconomic data, including but not limited to monetary policy decisions by the Federal Reserve; and on macroeconomic theory.