Treasuries Move Back To The Downside Ahead Of Powell Testimony

Following the modest rebound seen in the previous session, treasuries moved back to the downside during trading on Tuesday. Bond prices came under pressure early in the session and remained in negative territory throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2 basis points to 2.054 percent. With the […]

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Investors most neutral on U.S. Treasuries since January – survey

June 11 (Reuters) – Bond investors turned the most neutral on longer-dated U.S. Treasuries in about five months as U.S. President Donald Trump calling off tariffs on Mexico offset weaker-than-expected data on U.S. payrolls in May, a J.P. Morgan survey showed on Tuesday. The share of investors who said they were neutral or holding longer-dated U.S. government debt equal to […]

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Thirty-Year Bond Auction Attracts Modestly Below Average Demand

Finishing off this week’s series of long-term securities auctions, the Treasury Department sold $19 billion worth of thirty-year bonds on Thursday, attracting modestly below average demand. The thirty-year bond auction drew a high yield of 2.892 percent and a bid-to-cover ratio of 2.20. Last month, the Treasury sold $16 billion worth of thirty-year bonds, drawing a high yield of 2.930 […]

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