Treasury plans to auction 30-year bonds on a monthly basis to deal with record debt levels

WASHINGTON — The Treasury Department said Wednesday it will boost the number of times it auctions 30-year bonds to 12 times a year in another move to cope with the government’s soaring debt.

Treasury needs to borrow $361 billion in April-June quarter, record amount for that period

WASHINGTON — The Treasury Department said Monday it will need to borrow $361 billion in the current April-June quarter, a record amount for that period.