U.S. sells 10-year notes at highest demand since June

Reuters September 12, 2019

The U.S. Treasury Department on Wednesday sold $24 billion of 10-year notes at the strongest demand in three months, resulting in a yield of 1.739%, which was above a near three-year low set at the previous auction, Treasury data showed.

The ratio of bids to the amount of 10-year government issue offered was 2.46, the highest reading since June. This measure of overall demand was 2.20 at the prior 10-year note sale in August.

 

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