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US Treasury Issues Debt

The US Treasury's latest coupon cycle leads a heavy global sovereign issuance week, with combined gross issuance expected to exceed $250 billion

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US Treasury Supply Headlines Heavy Global Calendar     22 June 2026   Global sovereign issuance steps up materially in the week ahead, led by the US Treasury’s latest coupon cycle, while Europe faces a moderate but duration-heavy slate and UK supply remains relatively light.   Combined gross issuance across the US, euro area and UK is set to exceed USD 250bln equivalent, with the US accounting for the lion’s share.

Citi estimates total global duration supply at roughly USD 108mln/bp DV01, making this one of the heavier weeks of the quarter.

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