Treasury will auction long bonds monthly

The monthly auctions of 30-year bonds follows Treasury's decision just three months ago to double the frequency of the auctions from four times annually to eight.
APR 29, 2009
The Treasury Department will boost the number of times it auctions 30-year bonds to 12 times a year in another move to cope with the government's soaring debt. The monthly auctions of 30-year bonds follows Treasury's decision just three months ago to double the frequency of the auctions from four times annually to eight. Treasury also says it will raise a record $71 billion in a series of auctions next week. The upcoming quarterly refunding will include auctions of three-year and 10-year notes and the 30-year bond.

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