The Treasury Department has disclosed the specifics regarding this month's auctions for two-year, five-year, and seven-year notes. The department has announced a planned sale of $69 billion in two-year notes, $70 billion in five-year notes, and $44 billion in seven-year notes. The auction outcomes for these securities are scheduled to be released next week: two-year notes on Monday, five-year notes on Tuesday, and seven-year notes on Thursday. This mirrors the previous month's activity, where the Treasury offered identical amounts for each of these note maturities, all of which experienced higher-than-average demand. Conversely, this past Tuesday, it was noted that the auction for $13 billion in twenty-year bonds experienced lower-than-average demand.
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The material has been provided by InstaForex Company - www.instaforex.com