U.S. Treasury announces coupon auctions for next week ...Middle East

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

U.S. to sell $69 billion in 2-year notes on June 24, to settle on June 30

U.S. to sell $70 billion in 5-year notes on June 25, to settle on June 30

U.S. to sell $44 billion in 7-year notes on June 26, to settle on June 30

The President earlier today said that he would start to auction off shorter-end and then issue long after rates come down. We will see. The general feeling is treasury should not try to time the market. However, anything goes with Pres. Trump.

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