Quarterly Refunding To Overload Treasury Bills

In keeping with their recent policy, in yesterday’s Quarterly Refunding Announcement, the Treasury stated that they will maintain the sizes of their monthly coupon auctions for several more quarters.Michael Gray has devoted his career to following the capital markets and managing fixed income assets. He founded Gray Capital Management LLC and before that was Head of Taxable Fixed Income at Fidelity Investments. Michael has an MBA in Finance from Wharton and a BA in Economics from Union College.Analyst’s Dis ...