Treasury Reveals Details Of Next Week's Long-Term Securities Auctions

(RTTNews) - On Wednesday, the Treasury Department announced the details of next week's auctions of three-year and ten-year notes and thirty-year bonds.

The Treasury said it plans to sell $38 billion worth of three-year notes next Tuesday, $27 billion worth of ten-year notes next Wednesday and $19 billion worth of thirty-year bonds next Thursday.

Last month, the Treasury sold $38 billion worth of three-year notes, $24 billion worth of ten-year notes and $16 billion worth of thirty-year bonds.

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