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US treasury to auction off $40 billion of 3 year notes at the bottom of the hour

The U.S. Treasury will auction off $40 billion of three-year notes (2 year 11 month actually) at the bottom of the hour. The auction is the first of two note auction today. Later at 1 PM, the U.S. Treasury will auction off 10 year notes. With the Fed interest rate decision on Wednesday, the treasury is frontloading its auctions this week to Monday and Tuesday from the normal Tuesday, Wednesday and Thursday auction calendar.

The six-month component averages for the 3 year show:

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Treasury

Auction

Billion

Year

Notes

Bottom

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Forex

Posted: Dec 12 2022, 16:26

Author Name: forexlive

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