Treasury Schedules $125 Billion Debt Sale, Seeks $41.7 Billion in New Cash
The U.S. Treasury announced a $125 billion issuance of notes and bonds to refund about $83.3 billion of privately-held securities maturing on May 15, while raising roughly $41.7 billion in fresh cash. The package comprises a $58 billion 3-year note, a $42 billion 10-year note and a $25 billion 30-year bond, with auctions set the week of May 11 and …