The refunding: As part of its regular quarterly refunding, Treasury announced it would sell $96 billion in notes and bonds next week. This is up from $84 billion in the last quarter.
The department will auction $42 billion in 3-year Treasury notes TMUBMUSD03Y, 0.209% on May 11 and $32 billion in 10-year notes TMUBMUSD10Y, 0.682% on May 12. The government will also sell $22 billion in 30-year bonds TMUBMUSD30Y, 1.387% on May 13.