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US sells 10-year notes 4.289% vs 4.289% WI

US sells 10-year notes 4.289% vs 4.289% WI
Prior was 3.999%Bid to cover 2.52 vs 2.56 priorThis is the highest yield at auction since 2007 but it was exactly what was priced in the when-issued market. There was some talk of real money bids but they didn't materialize so there might be some disappointment, pushing yields higher and potentially USD/JPY with it. This article was written by Adam Button at www.forexlive.com... Read More
Posted: Sep 12 2023, 17:02
Author Name: forexlive
Views: 102064

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