10-year yield hits session highs after weakest auction since 2009

10-year yield hits session highs after weakest auction since 2009

Business
December 12, 2022 by secret
138
[ad_1] 10-year Treasury note yields jumped to their highest levels of the session on Monday after an auction of $32 billion in 10-year notes saw the weakest demand, by one measure, since December 2009. The newly auctioned notes were sold with a “tail” of 3.7 basis points compared to the when-issued yield. That’s the largest