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Financial News: Treasury Reveals Details Of Two-Year, Five-Year & Seven-Ye

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions

10/24/2024 - 11:25:00 (RTTNews)

(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions of two-year, five-year and seven-year notes.

The Treasury said it plans to sell $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes.

The results of the both the two-year and five-year note auctions will be announced next Monday, while the results of the seven-year note auction will be announced next Tuesday.

Last month, the Treasury also sold $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes.

While the two-year and five-year note auctions attracted modestly below average demand, the seven-year note auction attracted above average demand.

On Wednesday, the Treasury revealed this month's auction of $13 billion worth of twenty-year bonds attracted roughly average demand.

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