10-Year Treasury Hits 4.98% as $6B Buyback Demand Plunges
The 10-year Treasury yield neared 5% on Sept. 14 as Treasury’s expanded $6B buyback logged a record-low 1.7x cover, rattling debt markets ahead of the Fed.
The 10-year Treasury yield neared 5% on Sept. 14 as Treasury’s expanded $6B buyback logged a record-low 1.7x cover, rattling debt markets ahead of the Fed.