Ten-Year Note Auction Attracts Well Below Average Demand
The Treasury Department continued this week’s series of announcement of the results of its long-term securities auctions on Wednesday, revealing this month’s sale of $42 billion worth of ten-year notes attracted well below average demand. The ten-year note auction drew a high yield of 4.255 percent and a bid-to-cover ratio of 2.35. Last month, the […]














