Day November 5, 2026

Budget, Personal Loans

Treasury Sets a $125 Billion Refunding and Shifts Its Auction Size Guidance

Wide daytime view of the neoclassical limestone facade of the United States Treasury building in Washington DC with tall fluted columns rising above worn stone steps, long shadows cast across the pavement at golden hour, scattered autumn leaves on the ground and an overcast sky breaking into warm low light behind the roofline

Treasury set its November quarterly refunding at $125 billion and dropped the phrase at least from its coupon auction size guidance, pointing any change at February 3.

Mitch Strohm
November 5, 2026