Investors buy 10-year Treasurys as auction clears at 4.834%
Investors bought $39 billion of 10-year Treasury notes in the auction. The auction yield was 4.834%, the highest level at any 10-year auction in 19 years, per Barrons.
By Karishma Vanjani Investors bought 10-year Treasury notes as rates rose, with demand absorbing $39 billion in notes auctioned at 1 pm. 834%, the highest level at any 10-year auction in 19 years.