The U.S. Treasury Department revealed on Thursday the specifics for the initial auctions in the New Year involving three-year and ten-year notes as well as thirty-year bonds. The Treasury intends to issue $58 billion in three-year notes, $39 billion in ten-year notes, and $22 billion in thirty-year bonds.
The outcomes of these auctions are scheduled to be disclosed over three consecutive days: the three-year note auction results will be available next Monday, the ten-year note results on Tuesday, and the thirty-year bond results on Wednesday.
Reflecting on the prior month, the Treasury also auctioned off the same amounts in these securities: $58 billion in three-year notes, $39 billion in ten-year notes, and $22 billion in thirty-year bonds. During that auction cycle, the three-year notes garnered average demand, the ten-year notes saw above-average interest, while the demand for the thirty-year bonds was modestly below average.
The material has been provided by InstaForex Company - www.instaforex.com
The outcomes of these auctions are scheduled to be disclosed over three consecutive days: the three-year note auction results will be available next Monday, the ten-year note results on Tuesday, and the thirty-year bond results on Wednesday.
Reflecting on the prior month, the Treasury also auctioned off the same amounts in these securities: $58 billion in three-year notes, $39 billion in ten-year notes, and $22 billion in thirty-year bonds. During that auction cycle, the three-year notes garnered average demand, the ten-year notes saw above-average interest, while the demand for the thirty-year bonds was modestly below average.
The material has been provided by InstaForex Company - www.instaforex.com