The US Department of the Treasury maintains its debt issuance strategy unchanged.

The U.S. Treasury has not made any major adjustments to its debt issuance strategy, in line with market expectations, although there were speculations that officials might take measures to lower long-term borrowing costs. In its quarterly refunding statement released on Wednesday, the U.S. Treasury stated that the auction sizes for nominal Treasury securities, long-term Treasury securities, and floating-rate Treasury securities will remain unchanged for "at least the next few quarters." The U.S. debt management agency has been using this forward guidance for the past two years. This means that the Treasury will continue to rely mainly on Treasury bills maturing in one year or less to finance the expanding federal spending. Before the statement was released, some market participants speculated that the Treasury might take aggressive measures to directly reduce the issuance of long-term Treasury securities in order to lower the yields that serve as benchmarks for mortgage and other loan pricing. A strategist at Goldman Sachs wrote before the statement was released: "Despite concerns about affordability issues, leading to discussions once again about possibly lowering borrowing costs by more actively adjusting the issuance structure, we do not expect the Treasury to do so at this stage."