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Market Impact: 0.35

Short-Term Treasury Borrowing Costs Jump in Repo as Yields Surge

Source: Bloomberg

Interest Rates & YieldsCredit & Bond MarketsSovereign Debt & RatingsInvestor Sentiment & Positioning

Borrowing costs for key recently issued short-term US Treasuries are rising as investors accumulate the securities to establish short positions. The increased demand for these issues could provide support for next week's US government debt auctions, potentially aiding Treasury market absorption.

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