"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Friday, August 20, 2010

Mondo Treasury Debt Issuance scheduled for week of 8/23/10

Tim Geithner is cranking up the debt issuance for the week of 8/23/10. Link to the Treausry Department for more data about bills, notes and bonds Link to Ask Timmy Geithner
On the docket:

$30 billion 3 month bills
$30 billion 6 month bills
$25 billion 52 week bills
$37 billion 2 year notes
$36 billion 5 year notes
$29 billion 7 year notes
$7 billion 30 year TIPS

$102 billion between the 2 year, 5 year and 7 year and a grand total of $194 billion debt to be auctioned off prior to 9/1/10.

Comments via Zero Hedge
And incidentally speaking of the real, not shadow, Fed, its holdings of $777 billion in US Treasurys, and growing once again at a rate of $30 billion per month, will surpass Japan as the second largest holder of US Treasuries by the end of September, and China, which holds just $40 billion more, by the mid-term elections. In other words, we should not worry that China will soon forsake us - after all the Fed is gladly once again monetizing the Chinese stake.




No comments:

Post a Comment