Global Rates Notes: May 2022 Refunding Recap
·Treasury announced across the curve cuts to nominal auction sizes in its May refunding announcement, surprising against our expectation for… »
·Treasury announced across the curve cuts to nominal auction sizes in its May refunding announcement, surprising against our expectation for… »
Key Takeaways We project that European developed sovereigns will borrow about $1.6 trillion in gross long-term commercial paper in 2022,… »