Barclays: us Treasury issuance may exceed its peak during the epidemic

[Barclays: Treasury issuance may exceed the peak during the epidemic] June 8-Barclays interest rate strategists said that the issuance of interest-bearing Treasuries in the United States will increase again from August. The final size is very likely to exceed the high set in 2021, and the market is likely to be "too complacent" about the impact on yields. "despite the debt ceiling agreement, the fiscal position does not look good and the Treasury needs to finance a very large budget deficit in the coming years," the strategist led by Anshul Pradhan said in a report.