Barclays said that the US treasury bill market can absorb the impact of expanding the scale of bond repurchases, and the upper limit of short-term debt issuance depends on whether the US Treasury is willing to continue expanding this market. Barclays strategist Samuel Earl wrote in a report: “The market's ability to absorb treasury note issuance is very strong.” He pointed out that “in July and August, the US Treasury Department is expected to net issue approximately $500 billion of new treasury notes to the private sector, with little impact on the treasury bill market.”

Barclays said that the US treasury bill market can absorb the impact of expanding the scale of bond repurchases, and the upper limit of short-term debt issuance depends on whether the US Treasury is willing to continue expanding this market. Barclays strategist Samuel Earl wrote in a report: “The market's ability to absorb treasury note issuance is very strong.” He pointed out that “in July and August, the US Treasury Department is expected to net issue approximately $500 billion of new treasury notes to the private sector, with little impact on the treasury bill market.”