Treasury yields tick lower after 7-year note auction
U.S. Treasury yields retreated on Thursday following a $32 billion sale of 7-year notes, which initially cheapened going into the auction. The 10-year note yield was down 0.7 basis point to 1.901%, down from an intraday high of 1.921%. The 2-year note rate was down 0.4 basis point to 1.635%, while the 30-year bond yield fell 0.5 basis point to 2.333%. The holiday-thinned trading volume may also have contributed to the outsized reaction in the bond-market. The auction "stopped through" by 0.8 basis point... Читать дальше...