Saturday, 15 September 2012

Treasurys Higher, But Auction Looms

As Treasurys edge up, supply pressure is keeping today's gains in check, with the week's action kicking off with $32B of new 3-year notes. While investors await word from the German constitutional court and FOMC, the 10-year note is 3/32 higher, yielding 1.671%. 

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