From MercoPress · · 40s
US Treasury Yields Hit 24-Year Highs
US Treasury yields reach 24-year highs as 10-year bonds see strong demand.
In brief
US Treasury yields reach 24-year highs as 10-year bonds see strong demand. US Treasury yields hit 24-year highs with 10-year bonds seeing strong demand in recent auction. Originally reported by MercoPress.
US Treasury Yields
Yields on key US Treasury bonds reached new highs Wednesday.
10-Year Bond Auction
US Treasury sold $39 billion of 10-year notes in Wednesday auction.
Strong Demand
BMO reported higher than average bidding from non-dealers in auction.
10-Year Yield High
10-year Treasury yield rose as high as 5.36% during auction.
The main idea
US Treasury yields hit 24-year highs with 10-year bonds seeing strong demand in recent auction.
