A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.
Treasury yields fell after the announcement on relief the increases were not as large as some had feared.
The Treasury said on Wednesday it plans to increase the size of its two-year and five-year note auctions by $3 billion per month, and to increase the size of its 3-year and 7-year note auctions by $2 billion and $1 billion per month, respectively.
The government will also increase the size of its two-year floating rate note new issue and reopenings by $2 billion.
Some Treasury Inflation-Protected Securities (TIPS) auction sizes will also be increased, with a $1 billion increase in the December 5-year TIPS auction and January 10-year TIPS auction.
Persons:
Kevin Lamarque, Steven Ricchiuto, Karen Brettell, Herb Lash, Paul Simao, Andrea Ricci
Organizations:
Department of, U.S . Treasury, REUTERS, U.S . Treasury Department, Treasury, U.S, Mizuho Securities USA, Securities, Thomson
Locations:
Washington , U.S, New York, U.S