FX.co ★ Treasury Department Announces Details Of Long-Term Securities Auctions

The U.S. Treasury Department has released information about the February auction of three-year notes, ten-year notes, and thirty-year bonds. The auction will include $54 billion in three-year notes, $42 billion in ten-year notes, and $25 billion in thirty-year bonds.

The outcome of the sales for three-year notes will be announced next Tuesday, followed by the results for the ten-year notes next Wednesday, and the results for the thirty-year bonds will be publicized next Thursday.

During the previous auction in January, the Treasury Department sold $52 billion in three-year notes, $37 billion in ten-year notes, and $21 billion in thirty-year bonds. The ten-year notes attracted higher than average demand, average demand was noted for the thirty-year bonds, while the demand for three-year notes slightly dipped below the average.