1 SIFMA: US Marketable Treasury Issuance, Outstanding and Interest Rates, July 31, 2019
3SIFMA: US Treasury Trading Volume, February 2019
4Federal Reserve Bank of St. Louis: US Treasury Securities Held by the Federal Reserve: All Maturities
5Data reflected as percentage change. The observation period starts on January 1, 2014 when 100% represents the total USD value of US Treasury balances held within BNY Mellon’s triparty platform.
6Federal Reserve Bank of New York – List of Primary Dealers
7Securities Finance data represents lending on a global basis (both US domestic and international data) and includes lending activity in both the triparty platform and bilateral securities lending.
8Federal Reserve Bank of St. Louis: US Treasury Securities held by the Federal Reserve: All Maturities
9Congressional Budget Office: Projections for Deficits and Debt for the 2018-2028 Period
10US Debt Clock.org
11Federal Reserve Bank of New York: Primary Dealer Statistics
12Federal Reserve Bank of St Louis: Federal Debt Held by Foreign and International Investors
13US Treasury: Major Holders of Treasury Securities