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The Treasury Supply Drumbeat Has Begun

The beat goes on. The US Treasury announced a 30 year TIPS issue today, bringing net new Treasury supply for the month so far to $119 billion. 

Here are the details:

Liquidity moves markets!

Follow the money. Find the profits! 

Term and Type: 29-Year 6-Month TIPS
Reopening: Yes
Offering Amount: 7 Billion
Announcement Date: 08/15/2019
Auction Date: 08/22/2019
Issue Date: 08/30/2019
Maturity Date: 02/15/2049
PDF | XML

Supply will pound the financial markets to a pulp as far as the eye can see. Those who are currently panicking to buy Treasuries at these levels near all time lows in yield, are picking up nickels in front of steamrollers.

I’ve been warning Liquidity Trader subscribers for months that the problems would start when the debt ceiling was lifted.

Know what’s coming and what to to about it! Read Lee Adler’s Liquidity Trader risk free for 90 days! Satisfaction guaranteed or your money back.

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Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both analytical and sales capacities. Prior to starting the Wall Street Examiner I worked as a commercial real estate appraiser in Florida for 15 years. I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. My perspective is not of the Ivory Tower. It is from having my boots on the ground and in the trenches of the industries that I analyze and write about today. 

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