MetLife Investment Management - By Shan Ahmed, Tani Fukui, Drew Matus Key Takeaways: The Treasury is expected to issue more bills instead of coupon issuance going forward, and that may put more pressure on the Fed in its goal to align its portfolio composition with overall Treasury issuance The Federal government collected a record amount of customs duties in July, but tariff revenue still makes up only a tiny portion of government receipts Given strong Q2 GDP growth, we revised our 2025...