Treasury Auctions Wednesday Feb. 15

There were no Treasury auctions on Tuesday.

Wednesday's auctions:

17-week: Tender $106.28bn; Accept $36.71bn; T/A=2.90; Median yield 4.74 percent.

Maturing batch (first under this maturity): $34bn at 4.1 percent. Estimated annualized debt-cost mark-up: $346m

SOMA sales equal to 1.94 percent of accepted volume.

20-year: Tender $41.52bn; Accept $18.41bn; T/A=2.26; Median yield 3.9 percent.

Maturing batch not available due to Treasury database limitations.

SOMA sales equal to 18.5 percent of accepted volume.

Estimated average interest on debt: 2.34 percent.

The yield curve as of January 15, compared two months back:

Source: U.S. Treasury

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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.