NEW YORK (Reuters) – The U.S. Treasury Department on Wednesday sold $24 billion in 10-year government notes at a yield of 2.811 percent, which was the highest yield at a 10-year auction in four years, Treasury data showed.
The ratio of bids to the amount offered was 2.34, which was the lowest reading since September. This gauge on overall auction demand was 2.69 at the prior 10-year note sale in January.
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Source: Investing.com