Treasury Auctions Monday Feb. 13

Monday's auctions:

13-week: Tender $163.63bn; Accept $67.55bn; T/A=2.42; Median yield 4.61 percent.

Maturing batch: $64.8bn at 4.11 percent. Estimated annualized debt-cost mark-up: $451m

26-week: Tender $127.99bn; Accept $54.04bn; T/A=2.37; Median yield 4.79 percent.

Maturing batch: $47.8bn at 2.99 percent. Estimated annualized debt-cost mark up: $1.159bn 

SOMA sales equal to 11.7 percent of accepted volume for both maturities.

Total annualized debt-cost mark up for 13- and 26-week bills: $1.61bn

Estimated average interest on debt: 2.34 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.