The US Treasury sold $75 billion in 3-year Treasury bonds at a high yield of 4.291%
2026-08-12 01:20:37
According to CoinMeta, the U.S. Treasury Department recently successfully sold $75 billion in 3-year Treasury bonds at a high yield of 4.291%, with strong demand, although there were some negative details. The bidding coverage rate was higher than average, and indirect bidding was close to the average level, reflecting international demand. Domestic buyers performed strongly, leading to a reduction in dealers' inventories. The yields on U.S. Treasury bonds generally fell: the yield on 2-year bonds dropped by 1.5 basis points to 4.224%, the yield on 10-year bonds dropped by 1.4 basis points to 4.684%, and the yield on 30-year bonds dropped by 1 basis point to 5.232%. Market expectations for a rate hike in September remain relatively unchanged, compared to 62% before the release of the U.S. employment report. Tomorrow, data from CPI will be released, which will be a key indicator, although there is also another data point from CPI before the September interest rate meeting.
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Source:Internet
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