US 10-year Treasury yield exceeds 5.10% amid weak 30-year auction
- 1The US Treasury conducted a $25 billion auction of 30-year notes.
- 2The winning yield was 5.441%, showing a tail of 0.4bps.
- 3The bid-to-cover ratio was 2.401, falling below the six-auction average of 2.437%.
So what's the key point?
The US government sold 30-year bonds, but they were less popular than expected. The bid-to-cover ratio came in lower than usual.
Source Bloomberg +2 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.