The U.S. bond market closely watches the quarter's issuance arrangement and is on guard against unexpected actions by the Federal Reserve to lower yields.

Participants in the bond market generally expect that when the US Department of the Treasury releases its crucial funding statement on Wednesday, it will avoid making significant adjustments to its bond issuance plans. However, the recent aggressive measures taken by the Donald Trump administration in other financial sectors have still made investors cautious about the possibility of unexpected actions to lower yields. The market anticipates that next week's quarterly refunding bond sale will be $125 billion, a level that has been maintained since May 2024 and is the longest period of time since the mid to late 2010s with a total amount that is currently less than half of what it was back then. The US Department of the Treasury may also reiterate its previous guidance that their goal is to maintain stability in the issuance size of coupon bonds for "at least the next few quarters".