Week of Fedspeak, Treasury Auctions, and Earnings | LPL The Talking Point

Week of Fedspeak, Treasury Auctions, and Earnings | LPL The Talking Point

Dr. Quincy Krosby, Chief Global Strategist at LPL Financial, shares her thoughts on the S&P 500 surpassing its 200-day moving average, upcoming Treasury auctions, a week full of Fedspeak, and a potential government shut down. Tracking #: 501427

New Money in Treasury Auctions: Understanding the Concept and Its Implications

Highlights New money refers to the excess par value of securities issued over those maturing. It represents additional borrowing by the government beyond debt refinancing. New money issuance impacts the overall supply of Treasury securities and market dynamics. When governments issue Treasury securities through auctions, they often do so to refinance existing debt that is coming due. However, there are instances when the government issues more …