U.S. Treasury auction allays concern about
New York (Reuters) – US treasures hit fresh sales pressure for the previously sold pressure on Wednesday.
Market response.
Treasures. The US treasury benchmark has decreased after 39 billion 10-year-old posts on Wednesday, offering good demand. The auction came under the route of the bond market, which was caused by tariffs and forced to sell and cash.
Comments:
Jamie Cox Managing Partner, Harris Financial Group, Richmond VA
“This was a year auction today, which should be concerned about systemic risk concerns in the system.”
Jeffrey Palma, Multi-Solutions and Macro Research Head, Cohen & Steers, New York
“The 10-year treasury auction has gone better than expected on a background, where the bond market was very weak in the last week.
Vail Hartman, analyst at the US Rate Strategy Team, BMO Capital Markets
“Today’s 10-year auction was very strong … until the auction was under pressure from 10-year notes to 1.51% of the sitting with 1.51%.
(The team of news violating by global finance and markets is compiled. Editing: Lanan Nguen).)