Treasury Reveals Details Of Auctions Of 3-Year & 10-Year Notes, 30-Year Bonds

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

The Treasury revealed its plans to sell $52 billion worth of three-year notes, $35 billion worth of ten-year notes and $23 billion worth of thirty-year bonds.

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

Last month, the Treasury sold $50 billion worth of three-year notes, $35 billion worth of ten-year notes and $23 billion worth of thirty-year bonds.

The three-year and ten-year note auctions attracted below average demand, while demand for the thirty-year bond auction was modestly below average.

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

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