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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 has released the details for this month's auctions concerning government securities, which include three-year and ten-year notes, as well as thirty-year bonds. The department has outlined plans to issue $58 billion in three-year notes, $42 billion in ten-year notes, and $25 billion in thirty-year bonds.

The results of these auctions are scheduled to be announced as follows: the three-year notes on Tuesday, the ten-year notes on Wednesday, and the thirty-year bonds 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 auctions for the three-year notes and thirty-year bonds saw higher than average demand, whereas the ten-year notes received demand consistent with historical averages.

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