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Treasury Announced How Many Bonds It Will Sell in the Months Ahead—Why You Should Care

Financial Concepts

Definition

Key Takeaways The Treasury Department is planning to raise $9.8 billion by auctioning $112 billion in debt to refund notes totaling about $102.2 billion that are set to mature on Nov. 15.It will increase the sizes for the 2-, 5-, 3- and 7-year auctions in the quarter through January.Investors were closely watching this announcement to see how the Treasury would work to finance the country's $1.7 t

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Common mistakes

Do not infer unobserved prices.