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General TradingQ
Quarterly Funding Announcement (QRA)
A periodic announcement by the U.S. Treasury detailing its plans for upcoming government debt issuance, including the size and composition of bond auctions. It can significantly impact bond markets and interest rate expectations.
Example
“When the U.S. Treasury's QRA revealed larger-than-expected long-term bond issuance, the 10-year yield spiked 15 basis points as traders priced in increased supply hitting the market.”