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On Thursday, the Treasury Department announced the details of this month's auctions of two-year, five-year and seven-year notes.
The Treasury revealed it plans to sell $40 billion worth of two-year notes, $41 billion worth of five-year notes and $32 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 also sold $40 billion worth of two-year notes, $41 billion worth of five-year notes and $32 billion worth of seven-year notes.
The two-year auction attracted above average demand, while the five-year and seven-year note auctions attracted below average demand.
