Blistering Demand For Stellar 10Y Auction As Yield Tumbles

Feb 12th 2020 1:16pm EST

Blistering Demand For Stellar 10Y Auction As Yield Tumbles After yesterday’s solid but tailing 3Y auction, moments ago the US Treasury sold $27BN in 10Y notes at a sharply lower yield compared to January: stopping out at 1.622%, today’s 10Y issuance stopped through the 1.623% When Issued, and was almost 25bps lower than January’s 1.8690%; […]

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