Wall Street Isn’t Sure It Can Handle All of Washington’s Bonds

Investors long shrugged off U.S. deficits, but a torrent of Treasurys is testing the bond market

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The autumn bond rout is challenging Wall Street’s longstanding belief that the U.S. government can’t sell too many Treasurys.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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