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via wolfstreet.comEconomy

Treasury yields rebound on hot inflation and weak 10- and 30-year auctions

FROM THE WIRE · WOLFSTREET.COM

The government sold $766 billion of Treasury securities this week, in nine auctions on three days. It was an ugly week for the bond market. The 10-year Treasur...

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishRising yields and weak US Treasury auctions push long-dated bond prices lower.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The government sold $766 billion of Treasury securities in nine auctions over three days.
  2. 02It was an ugly week for the bond market.
  3. 03The 10-year and 30-year auctions were weak and yields snapped back.

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