Free Republic

NEW YORK) MarketWatch - The Treasury Department said Thursday it plans to sell $104 billion in short- and medium-term debt next week. It will auction $40 billion 2-year notes on Tuesday and $37 billion in 5-year notes the following day. Finally, $27 billion in 7-year notes will end the note auctions on Thursday. The amounts of 5- and 7-year debt are more than expected by Wrightson ICAP, a research firm specializing in government debt. The broader Treasury market remained lower, weighed by positive economic data. Benchmark 10-year note yields , which move inversely to price, rose 6 basis points to...