Yields Rise on $34B Sale of Three-Year Notes
This article was originally published on ETFTrends.com.
Benchmark Treasury yields rose as the U.S. Treasury Department is in the midst of selling off $34 billion worth of 3-year Treasury notes. The benchmark 10-year Treasury yield rose to 2.971 while the 30-year note reached 3.117 as of 2:15 p.m. ET. Today’s sale of 3-year notes represents the largest auction of that particular note in [...]