Treasury Keeps Quarterly Debt Sales Unchanged Amid Debt-Limit Fiasco, Is Still Considering Buyback Program

Amid the escalating debt ceiling standoff which is sure to culminate with fireworks some time in September, the Treasury announced on Wednesday morning that it would offer $96 billion of Treasury securities to refund approximately $67.1 billion of privately-held Treasury notes and bonds maturing on February 15, 2023.