Treasury Announces Details Of Next Week's Long-Term Securities Auctions
On Thursday, the Treasury Department announced the details of next week's auctions of three-year and ten-year notes and thirty-year bonds.
The Treasury said it plans to sell $36 billion worth of three-year notes and $23 billion worth of ten-year notes next Wednesday and $15 billion worth of thirty-year bonds next Thursday.
Last month, the Treasury sold $35 billion worth of three-year notes, $23 billion worth of ten-year notes and $15 billion worth of thirty-year bonds.
The three-year note auction attracted below average demand, while the ten-year and thirty-year bond auctions attracted average demand.