Among the multitude of crucial economic data releases and market events due this week, the United States Treasury’s Quarterly Refunding Announcement could safely be ignored as obscure and irrelevant.
No longer. The QRA has arguably become the most important event on the calendar for market traders. For investors who are fretting about whether the world’s largest economy can get a handle on its debt load, and whether the Federal Reserve can withstand an attack on its independence without collateral damage, this week’s update is crucial.
Source: https://www.afr.com/markets/debt-markets/why-this-once-obscure-piece-of-data-could-upend-markets-20250729-p5mip0