The Treasury will increase the auction size of 4-week and 8-week Treasury bills by $25 billion each

The U.S. Treasury will auction $80 billion in 4-week Treasury bills

The U.S. Treasury will auction $70 billion in 8-week Treasury bills

The issuance of more debt means that if demand is insufficient, it is very likely to absorb liquidity from the risk markets and push interest rates up.