US Treasury yields surge as $6 billion bond buyback disappoints markets

Business

Us Treasury Yields Surge As $6 Billion Bond Buyback Disappoints Markets

By Euronews.com

Yields on long-term US Treasury bonds surged on Wednesday after the government announced a $6 billion (€5.2bn) bond buyback, disappointing investors who had expected a larger intervention. The yield on the benchmark 10-year Treasury note rose above 4 ...Read more