US Treasuries Fell as China Signaled to Reduce Purchases

Posted January 11th, 2018 by chrisrudall9 and filed in General News

The US Treasury market remained under the spotlight. The Treasury sold US$20B of 10-year notes at the highest yield of 2.579% since July 2014. Yet, what directed the market movement was the news citing that Chinese officials have recommended lowering or stopping purchases of US government bonds. 10-year yields rallied to a 10-month high of 2.597% at one point before ending the day at 2.549%.

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US Treasuries Fell as China Signaled to Reduce Purchases

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