10-year Treasury Auction Shows Lower Demand

The auction for the 10-year Treasury was poorly received. The auction of $39 billion worth of government debt expiring in 10 years was awarded a high yield of 4.560%, 3.1 basis points higher than what was expected or indicated before the auction. It also surpassed the average of 4.207% in the past…#treasury #peterboockvar

Source: Reuters: Health - April 10, 2024 Category: Consumer Health News Source Type: news