Financial Times FT.com

Avalanche of Treasury bonds raises new fears

By Michael Mackenzie in New York

Published: February 5 2009 20:15 | Last updated: February 5 2009 20:28

Treasury refund packagesThese are busy times for bond traders as the number and size of US Treasury auctions keeps growing in order to fund the federal government’s spending spree.

This week, the US Treasury told traders it was bringing back the seven-year note, which was last seen in 1993.

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