Treasury Plans $183 Billion in Note Auctions This Month

The U.S. Treasury Department on Thursday announced it will auction $69 billion in two-year notes, $70 billion in five-year notes and $44 billion in seven-year notes, matching the sizes of last month's sales. Results for the two-year and five-year auctions will be announced next Monday, with the seven-year results due next Tuesday. Last month's two-year and five-year auctions drew modestly below-average demand, while the seven-year sale attracted above-average demand. On Wednesday, the Treasury said this month's $13 billion twenty-year bond auction drew roughly average demand.