Business & Finance
US 10-year note sold at lowest yield since November
NEW YORK: The US Treasury Department on Monday sold $20 billion of 10-year government notes to average demand
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NEW YORK: The US Treasury Department on Monday sold $20 billion of 10-year government notes to average demand at a yield of 2.195 percent, which was the lowest at an auction of this maturity since November, Treasury data showed.
The ratio of bids to the amount of 10-year notes offered was 2.54, up from 2.33 at the prior auction in May and the highest level since March.
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