Barclays said that the US treasury bill market is capable of withstanding larger bond repurchases, and the upper limit of short-term debt sales depends on whether the Treasury is willing to continue to expand this market. Barclays strategist Samuel Earle wrote in a report: “The market's ability to absorb treasury note issuance is enormous,” and pointed out that $7 trillion of outstanding treasury bills roll over every three months. “During July and August, the Ministry of Finance made a net issuance of about $500 billion of new treasury notes to the private sector as planned, and there was little fluctuation in the treasury bill market.”

Barclays said that the US treasury bill market is capable of withstanding larger bond repurchases, and the upper limit of short-term debt sales depends on whether the Treasury is willing to continue to expand this market. Barclays strategist Samuel Earle wrote in a report: “The market's ability to absorb treasury note issuance is enormous,” and pointed out that $7 trillion of outstanding treasury bills roll over every three months. “During July and August, the Ministry of Finance made a net issuance of about $500 billion of new treasury notes to the private sector as planned, and there was little fluctuation in the treasury bill market.”