WASHINGTON—The Treasury Department said Wednesday it will continue to shift government financing to longer-dated maturities over the coming quarter, but at a more moderate pace than earlier this year, as the government faces uncertain and potentially sizable borrowing needs as a result of the coronavirus pandemic.

The Treasury plans to increase auction sizes across all securities, particularly seven- and 10-year notes and 20- and 30-year bonds, though not as much as the previous quarter. The agency also plans to begin modest…

This post first appeared on wsj.com

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