Treasury Offers $125 Billion in Refunding as Q3 Borrowing Jumps $68 Billion

Treasury will auction $125 billion of 3-year, 10-year and 30-year securities on August 11 to 13, holding coupon sizes flat as Q3 borrowing climbs to $739 billion.

Treasury will auction $125 billion of 3-year, 10-year and 30-year securities on August 11 to 13, holding coupon sizes flat as Q3 borrowing climbs to $739 billion.

U.S. labor costs rose 0.9% in the second quarter of 2026, above forecasts, keeping wage-driven inflation in play as the Fed holds and the prime rate stays at 6.75%.

Interest rate swaps now imply about a 40% chance the Fed hikes on July 29 after Citadel Securities forecast a surprise increase. Here is what a hike or hold means.

The U.S. prime rate is set to hold at 6.75 percent as markets price a fifth straight Fed hold on July 29, 2026. Here is what a pause means for your debt and savings.

The average interest rate on U.S. Treasury debt climbed to 3.41% in June 2026, the highest since 2009, pushing gross interest costs past $1.05 trillion this fiscal year.

The Fed entered its communications blackout ahead of the July 28 to 29 meeting, with markets pricing about an 87% chance of a rate hold at 3.50% to 3.75% on July 29.

The June Producer Price Index fell 0.3% as gasoline sank 12%, the first monthly drop of 2026, sharpening the debate over the Fed's July rate decision.

June CPI lands Tuesday, July 14 at 8:30 a.m. ET, the last major inflation reading before the July 28-29 FOMC. Here is what it means for rates, mortgages, and savings.

The U.S. Treasury sold $22 billion of 30-year bonds at 5.058% on July 9, the highest long-bond auction yield since 2007, as foreign demand took nearly 78%.

Federal net interest hit $722.7 billion in the first eight months of fiscal 2026, topping national defense by roughly $92 billion, according to Treasury data.