FX.co ★ Treasury Department Reveals Details Of Long-Term Securities Auctions

The U.S. Department of Treasury has disclosed the specifics of the upcoming auctions for three-year and ten-year notes along with thirty-year bonds taking place this month. The Treasury is set to auction off three-year notes worth $58 billion, ten-year notes worth $42 billion and thirty-year bonds valuing $25 billion.

The auction outcomes for the three-year notes will be unveiled next Tuesday, followed by ten-year note results to be declared on Wednesday and finally, auction outcomes for thirty-year bonds will be made known on Thursday of the next week.

In the previous month, the Treasury auctioned off three-year notes and ten-year notes amounting to $58 billion and $39 billion, respectively, along with thirty-year bonds valued at $22 billion. The demand for both three-year and ten-year note auctions was comparatively low, while the thirty-year bond auction witnessed an average demand.