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How does the debt ceiling impact the tbill auctions?

Posted on 1/19/23 at 2:08 pm
Posted by hob
Member since Dec 2017
2344 posts
Posted on 1/19/23 at 2:08 pm
If there's no deal to increase the debt ceiling does this impact the tbill auctions scheduled for next week?

Do the auctions still happen?

How does it impact rates?

This post was edited on 1/19/23 at 2:11 pm
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40255 posts
Posted on 1/19/23 at 2:16 pm to
I would think they would have to cancel the auctions.

Or maybe they can only auction so much to replace the debt that is getting essentially paid off / refinanced.
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