Last Updated: 18 min ago 10-Year Auction Was Strong. Yield at Session Lows. By Karishma Vanjani The government was able to sell a key debt at a cheap rate this afternoon. The Treasury Department sold $39 billion worth of debt expiring in almost 10 years. The highest rate awarded was 4.033%, lower than the average of 4.407% seen in six such prior auctions and 0.013 percentage points lower than the yield seen in pre-bidding deadline for the auction, according to stats shared by BMO Capital Markets. Perhaps th ...

Argentina’s peso edged higher, as authorities looked to reassure investors after a key local debt auction fell short of market expectations, with President Javier Milei’s administration rolling over just 61% of maturities https://t.co/c4OQXKrC8s ...