The Treasury Department yesterday said it will raise new cash by auctioning $10 billion of nine-year, 11-month, 3 1/2% notes on Thursday

The auction is a reopening of the 10-year, 3 1/2% notes dated Feb. 15 and due Feb. 15, 2018. About $19.205 billion of the notes are outstanding.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.