Why Investors Care
Bond market players pay attention to this release so that they know the degree of looming supply of Treasuries coming onto the market so that they can evaluate what appropriate yields might be for trading. Heavy supply coming onto the market suggests higher yields. This is an important issue currently due to the surge in expected federal deficits from fiscal stimulus by the Obama Administration to help end the recession and from the cost of various bailouts of financial institutions, automakers, and others.
Office of Debt Management, U.S. Department of the Treasury
Data are for the upcoming six months.