US government debt remained lower on the day as the Treasury’s sale of 10-year notes was met with tepid demand.
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Treasuries Hold Losses After Fair Demand for Record 5-Year SaleUS Treasuries retained modest losses on Wednesday as a record-sized $70 billion sale of five-year notes was met with decent demand, a sign that high yields are drawing investors to the deluge of supply.
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Treasuries Hold Gains as Record US Auction Sees Solid DemandUS government debt held gains amid solid demand for the US Treasury’s record-sized auction of two-year notes — even as a much-desired 5% coupon proved elusive.
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US Stock Indexes Hold Steady After Volatile DaysU.S. stock indexes remained stable as trading calmed down after a turbulent period. The focus is on interest rates and when the Federal Reserve will lower them to ease pressure on the economy and financial system.
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