Citi: Bessent may "wield the knife" on long-bond issuance next month, 20-year Treasury issuance may be scrapped outright

Zhito Finance APP has learned that Citi stated in a research report that U.S. Treasury Secretary Scott Bessent is highly likely to reduce the auction issuance size of long-term Treasury bonds, and may even completely cancel the issuance of 20-year Treasury bonds.