Treasury maintains borrowing, notes outlook for rising needs

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THE U.S. TREASURY MAINTAINED a $62 billion long-term debt for the sixth straight quarter and predicted a rising need for more borrowing in the coming quarters. / BLOOMBERG FILE PHOTO/JULIA SCHMALZ
THE U.S. TREASURY MAINTAINED an issuance of $62 billion of long-term debt for the sixth straight quarter and predicted a rising need for more borrowing in the coming quarters. / BLOOMBERG FILE PHOTO/JULIA SCHMALZ
NEW YORK - The U.S. Treasury Department said it will maintain the issuance of longer-term debt for the sixth straight quarter at $62 billion and predicted borrowing needs will increase in coming quarters. The department will sell $24 billion in three-year notes on Aug. 8, $23 billion in 10-year notes on Aug. 9 and $15…

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