Treasury Asks Bond Dealers About U.S. Policy Issues, TIPS
The U.S. Treasury Department asked bond dealers for their views on whether short-term Treasuries will be affected by “policy and regulatory developments in the coming months.”
The survey, released in a statement today, is for an Oct. 25-26 meeting between Treasury officials and bond dealers in advance of the government’s quarterly auctions of notes and bonds. The Treasury will announce quarterly refunding auctions on Oct. 31.
The biggest policy and regulatory developments facing the U.S. include the so-called fiscal cliff, the more than $600 billion of spending cuts and tax increases that would take effect next year if Congress fails to act by the end of 2012.
The survey also asked Treasury dealers for their economic and fiscal forecasts for the 2013 and 2014 fiscal years, and what recommendations they have for Treasury Inflation Protected Securities, or TIPS.
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