POPA Recon$39 BILLION 10-YEAR TREASURY AUCTION IN FOCUS
$39 BILLION 10-YEAR TREASURY AUCTION IN FOCUS A $39 billion 10-year Treasury auction will be closely watched today as investors test demand for U.S. debt amid elevated yields. BMO says Tuesday’s 3-year auction was well received, ending a streak of five consecutive auction tails despite pricing at the highest yield since 2006. Strong demand today could signal that higher 10-year yields are finally attracting buyers. (@WalterBloomberg)
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