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US Economic News

Treasury Reveals Details Of Twenty-Year Bond Auction

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The Treasury Department on Thursday announced the details of this month's auction of twenty-year bonds.

The Treasury revealed plans to sell $13 billion worth of twenty-year bonds, with the results of the auction due to be announced next Wednesday.

Last month, the Treasury also sold $13 billion worth of twenty-year bond, attracting above average demand.

The Treasury announced the results of this month's auction of $58 billion worth of three-year notes, $39 billion worth of ten-year notes and $22 billion worth of thirty-year bonds last week.

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

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