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    <title>TBAC on Media Presser</title>
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      <title>Regular and Predictable: The Only Strategy Treasury Has</title>
      <link>https://mediapresser.com/2026/04/03/treasury-regular-predictable-issuance-doctrine-2026/</link>
      <pubDate>Fri, 03 Apr 2026 00:00:00 +0000</pubDate>
      
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      <description>The phrase appears repeatedly in Treasury&amp;rsquo;s own documents and in the GAO&amp;rsquo;s March 2026 report that examined them: &amp;ldquo;regular and predictable.&amp;rdquo; It is the governing doctrine of U.S. debt management, the principle against which every auction decision is calibrated, and — to an extent that might surprise observers expecting more sophisticated maneuvering — almost the entirety of what Treasury can actually do.
The GAO&amp;rsquo;s report (GAO-26-107529) sets out the framework clearly.</description>
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