Treasury Postpones 2-Yr Auction; 5- and 7-Yrs to Proceed

Published October 22, 2015, 9:02 a.m. EDT

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Updated October 22, 2015, 9:05 a.m. EDT

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The U.S. Treasury Department Thursday announced it will postpone the 2-year note auction originally scheduled for Tuesday, Oct. 27.

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Due todebt ceiling constraints, there is a risk that Treasury would not be able to settle the 2-year note on Monday, Nov. 2. The 5-year note auction, scheduled to take place on Oct. 28, and the 7-year note auction, scheduled to take place on Oct. 29, will proceed as scheduled.

Both the 5-year note and 7-year note will settle on Monday, Nov. 2. The 13-week, 26-week and 2-year floating rate auctions will also be announced today at 11:00 a.m. ET.

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