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

Treasury Department Reveals Details Of Long-Term Securities Auctions

On Wednesday, the Treasury Department disclosed specifics for this month's auctions involving three-year and ten-year notes and thirty-year bonds.

The Treasury outlined plans to issue $58 billion in three-year notes, $42 billion in ten-year notes, and $25 billion in thirty-year bonds.

Announcements of the auction results are scheduled as follows: the three-year note results will be available on Tuesday, the ten-year note results on Wednesday, and the thirty-year bond results on Thursday.

In the previous month, the Treasury issued $58 billion in three-year notes, $39 billion in ten-year notes, and $22 billion in thirty-year bonds. The demand for the three-year notes was below average, whereas the ten-year notes and thirty-year bonds experienced above-average demand.

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