Yesterday, the Treasury began their weekly auction activity with the sale of $35 billion 3-year notes. This was the first of three auctions for the week. The auction did not have much impact on Treasuries or mortgage bonds even though demand was a bit weaker than expected. There’s not much in the way of the impactful economic releases today. The Treasury will continue this week’s activity with the auction of $21 billion in 10-year notes today.
Subscribe to Zing! blog
Want to impress your friends and family with the knowledge we'll drop on ya?
If so, subscribe now for tips on home, money, and life delivered straight to your inbox.
If so, subscribe now for tips on home, money, and life delivered straight to your inbox.
