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 it plans to sell $44 billion worth of two-year notes, $45 billion worth of five-year notes and $37 billion worth of seven-year notes.
The results of the two-year note auction will be announced next Tuesday, the results of the five-year note auction will be announced next Wednesday and the results of the seven-year note auction will be announced next Thursday.
Last month, the Treasury sold $45 billion worth of two-year notes, $46 billion worth of five-year notes and $38 billion worth of seven-year notes.
The two-year note auction attracted average demand, the five-year note auction attracted slightly above average demand and the seven-year note auction attracted well above average demand.
