Upcoming Treasury Auctions Will Apply Upward Pressure To Treasury Yields

Upcoming Treasury Debt auctions will put upward pressure on interest rates, particularly on the longer-end of the yield curve.

The Treasury Department has upcoming auctions for Treasury securities that will be announced this week and issued by the middle of this month. Much of this forthcoming Treasury Debt consists of short-term bills that will have to be rolled over. Only several Treasury notes and bonds are to be issued during December. A $40 billion 10-year Treasury auction will be re-opened on December 11th.