Treasury stands pat on auction sizes this quarter

WASHINGTON (MarketWatch) -- The Treasury Department will auction $62 billion in notes and bonds next week in its quarterly refunding auctions, the same size refunding as the prior quarter, the government said Wednesday The department announced it will auction $24 billion in 3-year notes and $23 billion in 10-year notes [s:BX:TMUBMUSD10Y]. The government will also sell $15 billion in 30-year bonds [s:BX:TMUBMUSD30Y]. The department said it intends to maintain coupon issuance sizes at current levels over the current quarter. The offerings will refund about $58.5 billion of Treasury notes and......(read more)

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