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

Treasury Reveals Details Of Long-Term Securities Auctions

The Treasury Department disclosed specifics on Thursday about this month's auctions involving three-year and ten-year notes, as well as thirty-year bonds. According to the announcement, the Treasury intends to auction off $58 billion in three-year notes, $39 billion in ten-year notes, and $22 billion in thirty-year bonds.

The results for these auctions will be publicized in the coming week, with the three-year note auction results released on Tuesday, the ten-year note results on Wednesday, and the thirty-year bond results on Thursday.

In a similar move last month, the Treasury sold identical amounts: $58 billion in three-year notes, $39 billion in ten-year notes, and $22 billion in thirty-year bonds. The auctions for the three-year and ten-year notes experienced above-average demand, whereas the auction for the thirty-year bonds saw demand at average levels.

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