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

Treasury Announces Details Of Two-Year, Five-Year & Seven-Year Note Auctions

The Treasury Department disclosed details on Thursday regarding this month's auctions for two-year, five-year, and seven-year notes.

The Treasury plans to auction $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 released next Tuesday, followed by the five-year note results on Wednesday, and the seven-year note results 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 note auction experienced slightly above average demand, the five-year note auction saw average demand, while the seven-year note auction witnessed slightly below average demand.

Additionally, on Tuesday, the Treasury revealed that this month's auction of $13 billion in twenty-year bonds garnered below average demand.

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