BY MIN ZENG
Uncle Sam can sleep tight for now. Investors at home and abroad are still buying Treasurys despite a sharp increase in supply.
Despite worries about their appetite for U.S. debt, global investors this week played a solid role in the Treasury auctions. For sure, the U.S. had to pay a higher premium compared with last year to attract bidders, but the recent auctions proved the U.S. can still tap capital markets easily.
Just look at this week's $63 billion government-debt supply. Demand from domestic and foreign investors remained robust in all three auctions: of $34 billion in three-year notes Tuesday, ...
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