(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions of two-year, five-year and seven-year notes.
The Treasury revealed its plans to sell $60 billion worth of two-year notes, $61 billion worth of five-year notes and $62 billion worth of seven-year notes.
The results of both the two-year and five-year note auctions will be announced next Monday, while the results of the seven-year note auction will be announced next Tuesday.
Last month, the Treasury also sold $60 billion worth of two-year notes, $61 billion worth of five-year notes and $62 billion worth of seven-year notes.
The two-year note auction attracted above average demand, but the five-year and seven-year note auctions 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.