Ten-Year Note Auction Attracts Modestly Above Average Demand
(RTTNews) - Continuing this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Wednesday revealed this month's sale of $42 billion worth of ten-year notes attracted modestly above average demand.
(RTTNews) - Continuing this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Wednesday revealed this month's sale of $42 billion worth of ten-year notes attracted modestly above average demand.
BELLINGS Intelligence Score: 30
Why it matters
The ten-year note auction showing modestly above average demand is routine market activity reflecting normal investor appetite for Treasury debt, with limited implications for credit markets or monetary policy expectations.
Sources
Nasdaq
Ten-Year Note Auction Attracts Modestly Above Average Demand
(RTTNews) - Continuing this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Wednesday revealed this month's sale of $42 billion worth of ten-year notes attracted modestly above average demand.
Nasdaq
Thirty-Year Bond Auction Attracts Average Demand
(RTTNews) - The Treasury Department finished off this week's series of announcements of the results of its long-term securities auctions on Thursday, revealing this month's auction of $25 billion worth of thirty-year bonds attracted average demand.