US treasury announces auctions for next week

News

Lots of supply coming to market next week

The U.S. Treasury is announced the auction scheduled for next week. Highlights include:

  • $40 billion of two-year notes
  • $41 billion of five-year notes
  • $32 billion of seven-year notes

That is a total of $113 billion in those three issues.

In addition they will auction $45 billion of three month bills, and $42 billion of six-month bills

The auction amounts were as expected.

US yields are still lower on the day but have recovered off of their lowest levels. Two-year yields are down -1.8 basis points, while 10 year yields are down -1.0 basis points.  Earlier in the day yields were down three – four basis points across the curve.

ForexLive

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