Markets

US sells 10-year notes to strong demand

Published March 11, 2015 Updated March 11, 2015 09:17pm

1 min

By Imad Uddin

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NEW YORK: The US Treasury Department on Wednesday sold $21 billion of 10-year notes amid strong demand and at a yield of 2.139 percent, higher than the 2.000 percent at a $24 billion 10-year note sale in February, Treasury data showed.

The ratio of total bids to the amount offered came in at 2.65, above February's 2.62 and the highest level since December.

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