Yield pairs of profits after strong ten years auction

* Bond Liquidations send yields sharply higher * Volumes increase in overnight trading * Strong demand at ten-year-to-the-note auction (updated in New York afternoon) by Karen Brettell New York, April 9 (Reuters) -Benchmark 10-year Treasury on Wednesday, is a strong demand for the Treasury. The notes were sold at a high return of 4.435%, about three basis points below where they traded before the sale. The question was 2.67 times the amount of debt offered, the highest ratio since December. Markets were haunted by larger rates placed by the Donald Trump administration on US trading partners. Yields rose this week as traders step out of the Treasury to meet the margin requirements, or after reaching the loss of loss late last week or take profits from a sharp rally. Speculations have also increased that large foreign leaders, including China, may download some of their portfolio as they camp against the United States in a rapidly rising trade war. But indirect bidders, including foreign central banks, took the 87.9% of Wednesday’s sale, much higher than their average of 70%, indicating a strong foreign demand. The Treasury will also be auctioned $ 22 billion in 30-year bonds on Thursday. The return of ten years was at 4.384%on the day on the day with 12.6 basis points. It reached 4.515%earlier, the highest since February 20. Thirty -year yields achieved 12.7 basis points to 4.841%and became as high as 5.023%, the highest since November 2023. The interest rate -sensitive return of two years has dropped 1.5 basis points to 3.723%. The yield curve between the returns of two and ten years has risen as the shorter dated debt remained relatively stable compared to longer dated debt. It reached 74 basis points, the steepest since January 2022, and was last 66 basis points. (Reporting by Karen Brettell; Additional Reporting by Davide Barbuscia; Editing by Chizu Nomiyama and Nick Zieminski)

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