Treasury Auctions Monday March 6

Monday's Auctions

 

13-week: Tender $170.9bn; Accept $61.04bn; T/A=2.80; Median yield 4.7 percent.

Maturing batch: $58.7bn at 4.205 percent. Estimated annualized debt-cost mark-up: $405m

SOMA sales equal to 6.62 percent of accepted volume.

26-week: Tender $137.89bn; Accept $51.4bn; T/A=2.68; Median yield 4.93 percent.

Maturing batch: $45.4bn at 3.3 percent. Estimated annualized debt-cost mark-up: $1.036bn

SOMA sales equal to 6.62 percent of accepted volume.

Total annualized debt-cost mark up for these two auctions: $1.54bn

Estimated average interest on debt: 2.40 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.