Treasury announced a $90 B 3-pronged package of offerings Treasury announced a $90 B 3-pronged package of offerings, along with a $15 B 2-year FRN for sale next week. These include a $26 B 2-year auction (Monday), a $35 B 5-year (Tuesday), and a $29 B 7-year (Wednesday). Also detailed was a $48 B 3- and 6-month bill sale (Monday) and a $25 B 52-week bill (Tuesday). The heavy calendar could be problematic for the Treasury market as the auctions mostly precede the FOMC announcement. Additionally, current yields are a bit richer than they were at the March auctions.