Investors Hungry for High Yields Snap Up 20-Year US Treasuries

Bloomberg News

Investors Hungry for High Yields Snap Up 20-Year US Treasuries
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(Bloomberg) -- An auction of 20-year US Treasury bonds drew strong demand, suggesting that yields near the highest levels of the year offer investors enough ...

-- An auction of 20-year US Treasury bonds drew strong demand, suggesting that yields near the highest levels of the year offer investors enough compensation for the risk that growth and inflation trends will forestall Federal Reserve interest-rate cuts.The auction drew a yield of 4.818%, more than two basis points lower than the bonds’ yield in pre-auction trading shortly before the 1 p.m. New York time bidding deadline — a sign that demand exceeded dealers’ expectations.

It was a historically poor result that didn’t bode well for the 20-year, which has struggled to develop a following, as indicated by its higher yield than for the 30-year Treasury despite entailing less risk.Here's how users on Truth Social are feeling about Trump Media's steep stock decline Baby boomers may have had the best financial start of all the generations -- coming of age when salaries kept up with the cost of living and goods and services were affordable -- but that doesn't mean...Are you looking for a stock to buy this month despite the pessimism in the market? The post 1 Stock I’m Buying Hand Over Fist in April Despite the Market’s Pessimism appeared first on The Motley Fool Canada.

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