10-Year Treasury Auction Brings Afternoon Relief to Bond Market (US10Y:)

10-year Treasury auction brings afternoon relief to bond market (US10Y:)

Strong 10-year Treasury auction eased a yield spike after Treasury buyback news.

Stellar 10Y Auction Stops Through, With Highest Bid To Cover In A Decade On BIggest Yield Since 2007

Stellar 10Y Auction Stops Through, With Highest Bid To Cover In A Decade On BIggest Yield Since 2007 After today's very disappointing buyback announcement, which at $6BN came in far below whisper expectations of $10BN, and which sent yields surging to 4.85%, many were on edge ahead of today's $39 billion sale of 10Y paper. In the end, it priced far stronger than expected, with today's selloff providing a sufficient concession to stir up enough d…

10-Year Treasury Yield Near 4.83% After Strong Auction—Why Oil Still Matters

A strong Treasury auction pulled the 10-year yield back from its highest level in nearly three years on Wednesday, but it did not undo the selloff. The benchmark yield was 4.829% at 1:41 p.m. ET, up 2.3 basis points from Tuesday's close after touching 4.855%, according to the delayed Cboe yield reading. That is the…

Stellar 10-year Treasury auction sees highest bid-to-cover ratio in a decade

The US Treasury's $39 billion 10-year note auction drew a bid-to-cover ratio of 2.71, the highest since 2016, at yields not seen since August