Janet Yellen.
REUTERS/ Robert Galbraith
- Markets are misguided in worrying over the Treasury's massive debt issuance, Deutsche Bank said.
- Money market funds and foreign central banks will absorb a big chunk of the T-bills coming this year.
- That will minimize the impact on Fed liquidity, which doesn't affect stocks as much as Wall Street thinks, analysts said.
Expectations that the Treasury Department plans to rapidly issue a torrent of new debt have shaken the confidence of investors...