JPMorgan, Barclays See Fed Grabbing Major Chunk of Bill Issuance
The Federal Reserve’s plan to buy $40 billion of Treasury bills a month, a bigger chunk than previously expected, triggered a flurry of revisions in Wall Street banks’ 2026 debt...
By Alex Harris · Bloomberg Markets
The Federal Reserve’s plan to buy $40 billion of Treasury bills a month, a bigger chunk than previously expected, triggered a flurry of revisions in Wall Street banks’ 2026 debt issuance forecasts while sending borrowing costs lower.