The US treasury will auction off $39 billion of 10 year notes at the top of the hour. The current 10 year yield is at 4.534%. At the last auction the yield was set at 4.468%.
Since the war started on February 28, the low yield was at 3.926% on March 2, the high was reached at 4.687% on May 19. The corrective low reached since the high has dipped to 4.422% reached last week
The US treasury to auction 10 year notes. Why is it so important?
