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U.S. Treasury: Lowering bond yields

23/04/2021
Source : ORISHAS FINANCE
Categories: Index/Markets

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U.S. Treasury bond yields fell slightly on Thursday, after a raucous session on Wednesday in which the market easily absorbed a large auction of long-term securities.

At 7:40 a.m., the yield on the ten-year Treasury note, the market benchmark, stood at 1.533%, compared to 1.561% on Wednesday evening. The auction of $24 billion in long-term U.S. Treasury bonds on Wednesday struggled to boost trade during an overall sluggish session. However, the results of the auction showed that the appetite for sovereign bonds remained high

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