QE to infinity
Does this count as stealth QE?:
Treasury to sell $66 billion in debt next week
https://www.marketwatch.com/story/treasury-to-sell-66-billion-in-debt-next-week-2011-07-07-11580
NEW YORK (MarketWatch) -- The Treasury Department said Thursday it will sell $66 billion in notes and bonds next week, keeping the auction amounts the same as last month. The government will sell $32 billion in 3-year notes /quotes/zigman/4868286 3_YEAR +0.62% on Tuesday, followed by $21 billion in 10-year notes /quotes/zigman/4868283 10_YEAR +0.16% and $13 billion in 30-year bonds /quotes/zigman/4868063 30_YEAR +0.12% . The amounts also matched expectations of many Wall Street bond dealers. The long-term debt sales are reopenings, meaning the debt sold will carry the same coupon and maturity as the original debt.
