U.S. sells 10-yr debt at lowest yield since July

Sticking with its very predictable auction schedule, the Treasury Department sold $24 billion in 10-year notes on Wednesday at a yield of 1.675%, the lowest since July. Bidders offered to buy 2.59 times the amount of debt sold, compared with an average of 3.2 times at the last four comparable…

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U.S. sells 10-yr debt at lowest yield since July