The U.S. Treasury has announced their coupon auctions for next week

<p>Although yields have moved sharply to the downside of late, there still is a watchful eye on the supply of treasuries and the demand for treasuries especially from foreign investors. Concerns that the ever-increasing supply will crowd out other borrowers and lead to higher rates is a concern.</p><p>The U.S. Treasury has announced their coupon auctions for next week. They will auction off 3, 10, and 30-year bonds (re-openings for 10 and 30 year issues) that will all settle on December 15.</p><p>More specifically, the treasury will auction off:</p><ul><li>$50 billion of three-year notes on Monday, December 11</li><li>$37 billion of 10 year notes (reopening) also on December 11</li><li>$21 billion of 30 year bonds (reopening on Tuesday, December 12</li></ul><p>Note that because the FOMC rate decision is on Wednesday, December 13, the treasury is pushing forward the auctions to Monday and Tuesday to avoid the conflict.</p>

This article was written by Greg Michalowski at www.forexlive.com.