The U.S. Treasury is likely to maintain current auction sizes for the fifth consecutive quarter, but investors are keenly awaiting clues about future increases or potential near-term cuts. The focus is on any forward guidance changes that could impact markets. Treasury’s borrowing estimate for the second quarter is significantly higher than previously projected, influenced by debt ceiling restrictions.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong