Treasury Department will auction the following Treasury securities in the week of June 22, 2009. Hang on...
Monday June 22, 2009
- 13-week bill: $31 billion
- 26-week bill: $30 billion
- 2-year note: $40 billion
- 5-year note: $37 billion (up $2 billion from $35 billion last month)
- 7-year note: $27 billion (up $1 billion from $26 billion last month)
Total for the week: $166 billion
- Bills: $61 billion
- Notes: $104 billion
Total SO FAR for the month of June: $341 billion
- Bills: $276 billion (includes $26 billion 1-year bill)
- Notes and bonds: $65 billion
If you think that's too much debt, think this gets repeated every single month for the rest of the year, if not longer. On course to annual $2 trillion debt in notes and bonds (it will be about $300 billion more if I include 1-year bill).
FYI, watch out if New York Fed will do any open market operation, particularly days when they auction notes. (http://www.newyorkfed.org/markets/openmarket.html)
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