Treasury’s $1 trillion debt deluge threatens market calm

Bloomberg/Eric Wallerstein/6-7-2023

“Investors are bracing for a flood of more than $1 trillion of Treasury bills in the wake of the debt-ceiling fight, potentially sparking a new bout of volatility in financial markets.”

USAGOLD note: Until we get to the other side of the deep dark wood, we will put emphasis on the coming Treasury bond deluge.