Treasury Department Reveals Details Of Long-Term Securities Auctions

(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions of three-year and ten-year notes and thirty-year bonds.

The Treasury revealed plans to sell $56 billion worth of three-year notes, $39 billion worth of ten-year notes and $22 billion worth of thirty-year bonds.

The results of the three-year note auction will be announced next Monday, the results of the ten-year note auction will be announced next Tuesday and the results of the thirty-year bond auction will be announced next Wednesday.

Last month, the Treasury sold $54 billion worth of three-year notes, $42 billion worth of ten-year notes and $25 billion worth of thirty-year bonds.

While the ten-year note auction attracted above average demand, the thirty-year bond auction attracted average demand and the three-year note auction attracted below average demand.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.