FX.co ★ Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions

The Treasury Department announced the specifics for this month's auctions of two-year, five-year, and seven-year notes on Thursday.

The Treasury plans to sell $69 billion in two-year notes, $70 billion in five-year notes, and $44 billion in seven-year notes. The auction results for the two-year notes will be disclosed next Tuesday, the five-year notes on Wednesday, and the seven-year notes on Thursday.

In the previous month, the Treasury also auctioned $69 billion in two-year notes, $70 billion in five-year notes, and $44 billion in seven-year notes. The two-year and seven-year note auctions observed above-average demand, whereas the five-year note auction experienced slightly below-average demand.

Additionally, the Treasury's auction of $13 billion worth of twenty-year bonds revealed on Wednesday saw modestly above-average demand.