FILE PHOTO: US dollar banknotes are shown in this image taken at the Bank of Taiwan in Taipei on Nov 11, 2010. REUTERS / Nicky Loh
October 16, 2020
WASHINGTON (Reuters) – The U.S. Treasury Department announced Friday that it would ask primary bond dealers to increase inflation-linked securities (TIPS) auctions after the Federal Reserve announced a new inflation policy.
The trader questionnaire released on Friday kicks off the process for the next quarterly debt repayment announcement by the Treasury Department. Traders were also asked to comment on the factors behind the increased demand from banks for US Treasuries.
“To what extent has this demand been affected by increased bank deposits, bank reserve levels, temporary relief from the Supplementary Leverage Ratio (SLR) provided by banking regulators, or other factors?” asked the questionnaire.
(Reporting by David Lawder; Editing by Chris Reese)
This article originally appeared on www.oann.com