July 17, 2020 at 05:04PM
US treasury asks primary dealers their thoughts on auctions going forward
Query comes in reaction to increased funding needs as deficits soar
In short, how much do you think we can auction before we see higher yields as a result of not enough demand for the supply. That’s what deficits can do and may be a reason why Congress might be a little more reluctant to open up the purse strings for another stimulus check.