Treasury Auction This Week

I just noticed a minor anomaly: schedule.

The US Treasury Department usually does not auction longer dated bills and bonds on Monday. But it did today, auctioning 3-year note at a record-low yield.

10-year note, which is normally auctioned on a Wednesday once a month, will be auctioned tomorrow Tuesday. 30-year bond, which is normally auctioned on a Thursday once a month, will be auctioned on Wednesday. No auction is scheduled for Thursday.

Just curious why.

For details, visit my Treasury Auction Watch blog later. (I'm updating with the results now...)

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