$125 Billion U.S. Treasury Sale Starts Soft as Bitcoin Faces Tuesday’s Test
Monday’s $58 billion U.S. 3-year note sale drew soft demand, pricing at 4.627% with bids of 2.53 times the offer versus a 2.64 average. Washington is selling $125 billion this week, according to BeInCrypto; Tuesday’s $42 billion 10-year auction follows October inflation data, and a $25 billion 30-year sale is set for Thursday. Higher yields can weigh on Bitcoin, but its response varies: BTC fell about 7% in October when 10-year rates topped 5.35%, yet hit a record in May 2025 after a weak 20-year sale. Net interest reached $1.1 trillion last fiscal year, above $965 billion for defense; national debt is $40.56 trillion.