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US 10-year TIPS sold to strong investor demand
NEW YORK: The US Treasury Department on Thursday sold $11 billion of 10-year Treasury Inflation Protected Secu
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The Treasury awarded large fund managers, small bond dealers and other direct bidders 15.58 percent of the 10-year TIPS supply, which was their largest share at a 10-year TIPS auction since November 2013, according to Treasury data.