According to @KobeissiLetter, the U.S. government sold $654 billion in Treasuries last week across nine auctions. According to @KobeissiLetter, $500 billion were T-bills with 4- to 26-week maturities, mostly replacing maturing debt. According to @KobeissiLetter, $154 billion were issued in notes and bonds, including $50 billion in 10-year notes, outlining where near-term and intermediate-duration supply concentrated.