There is a real Bill issuance fest coming in the next week, as the US Treasury does everything but what it promised in regard to extending average Treasury maturities. After all, someone must let banks repo newly auctioned assets at zero rates so they can keep pushing the market ever higher into dot.com levels and far, far beyond.

Here is the listing of upcoming Bill auctions over the next week:

We will keep you updated on what the net impact of these auctions will be. We anticipate that April will see a total of over $250 billion in net issuance between Bills, Notes and Bonds, to follow on the heels of the $333 billion in March: Almost $600 billion auctioned off in just two months!