Markets & Finance

Treasuries Barely Budge


S&P MarketScope: Treasuries closed little changed, erasing early gains after a mixed $13 billion 5-year refunding note auction.

The 10-year note finished flat at 97-30/32 for a yield of 4.39%. The 30-year bond closed off 01/32 at 111-00/32, yielding 4.57%.

The 21.8% indirect bid in the auction was disappointing, and the second lowest on record. This brought an end to following-through buying in the morning, after the FOMC meeting yesterday, at which the Fed's tone was less hawkish concerning interest rates than some had expected.


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

 
blog comments powered by Disqus