Bond market braces for $ 1 trillion tsunami of Treasurys this year

A budget deficit that’s set to widen in part due to sweeping tax cuts combined with the gradual wind-down of the Federal Reserve’s balance sheet will lead the Treasury Department to issue $1 trillion of debt in 2018, almost double the amount seen in 2017, according to Deutsche Bank analysts. The estimate is in line with forecasts from others. (See chart below).

via Bond market braces for $ 1 trillion tsunami of Treasurys this year – MarketWatch