#USTBillSupplyMayRise

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About USTBillSupplyMayRise

Wall Street expects net US Treasury bill financing to increase by about $1T over the next year. BofA estimates bills could reach 24.3% of marketable Treasury debt by Sep 2027. With long-term borrowing costs elevated, more bill issuance could reduce reliance on longer-term funding but increase refinancing frequency. Fed's Neel Kashkari said inflation pressures extend beyond energy, with services prices still elevated. Focus remains on bill demand, policy rates, long-term yields and funding costs.