Traders View Treasury Auctions as Litmus Test for Foreign Buyers

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Investors keen for early insight into whether China and other foreign governments remain eager to keep buying US Treasuries are turning to this week’s slew of bond auctions.

In addition to bills, the US Treasury is selling $183 billion in two-, five- and seven-year notes — the first sales for some tenors popular with overseas buyers since President Donald Trump announced reciprocal tariffs that upended global trade earlier this month.