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

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

The Treasury revealed it plans to sell $50 billion worth of two-year notes, $51 billion worth of five-year notes and $47 billion worth of seven-year notes.

The results of 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 sold $52 billion worth of two-year notes, $53 billion worth of five-year notes and $50 billion worth of seven-year notes. All three auctions attracted above average demand.

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