Big Auctions from fed this week

FXStreet (Mumbai) - The treasuries are trading flat before the US government sells USD 108 billion of notes this week. The Federal Reserve (Fed) is expected to end its monthly bond purchase program tomorrow while maintaining the dovish outlook on the interest rates.

The US will auction USD 29 billion of two-year notes today and USD 35 billion of five-year treasuries tomorrow. It also plans to sell USD 15 billion of two-year floating-rate debt on Oct. 29 and USD 29 billion of seven-year securities on Oct. 30.