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“Treasury Announces Auctions” by Vee – 8.6.21


Entry Submitted by Vee at 12:16 PM EDT on August 6, 2021 WASHINGTON (AP) — The Treasury Department announced Wednesday it will raise $126 billion to finance the government in a series of auctions next week by employing emergency measures to keep from broaching the newly imposed debt limit.The Treasury announcement, part of Treasury’s quarterly refunding operations, will see the $126 billion raised by auctioning 3 and 10-year notes and a 30-year bond with the auctions occurring on Tuesday through Wednesday of next week.Those auctions will raise money to meet debt-servicing requirements on $58.6 billion in Treasury notes and…

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