January 10, 2018 / 6:18 PM / 7 days ago

U.S. 10-year Treasury note supply fetches strong demand

    NEW YORK, Jan 10 (Reuters) - The U.S. Treasury Department on
Wednesday sold $20 billion of 10-year government notes to strong
demand at a yield of 2.579 percent, which was the highest since
July 2014, Treasury data showed.
    The ratio of bids to the amount of 10-year notes offered
             was 2.69, which was the strongest since June 2016.
The gauge of overall auction demand was 2.37 at the previous
10-year note auction in December.                           

 (Reporting by Richard Leong; Editing by Jonathan Oatis)
  
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