Wall Street Revises Treasury Sales Forecasts on Guidance Revamp

Wall Street Revises Treasury Sales Forecasts on Guidance Revamp Wall Street strategists are rejigging forecasts for US borrowing next year after the Treasury signaled that changes to auction sizes for notes and bonds are on the horizon. The Treasury said Wednesday it anticipates sales of interest-bearing securities, known as coupons, to remain steady “for the next several quarters.” That’s a change from the previous guidance in place for almost three years that they would stand pat for “at least the next several quarters.”