US Government Sold $907 Billion of Treasury Securities this Week. That’s a Lot of Paper. Yields Pulled Back

The US government sold $907 billion of Treasury securities this week, spread over 11 auctions. That’s a big pile of paper that went through the auctions. $1 Trillion here we come. Of them, $670 billion were Treasury bills with maturities from 4 weeks to 52 weeks, spread over seven auctions.