Yields on U.S. government debt were mostly lower Wednesday morning after the Treasury announced next week’s auction schedule ahead of the Federal Reserve’s policy decision.
What’s happening
What’s driving markets
The interlinks between fiscal and monetary policy were to the fore on Wednesday, as investors absorbed an update on how the U.S. government will fund its spending. The Treasury announced that it would sell $112 billion in notes and bonds next week. This issuance will refund $102.2 billion of notes…
Read the full article here
