The US 10-year bond issue won the bidding yield lower than the pre-issue trading level, driving the yield down
2025-05-06 18:25:41
US Treasury issued $42 billion 10-year Treasury note, winning the bidding yield at 4.342%, below the pre-issue trading level of 4.354% when bids closed at 1pm New York time. US Treasuries later rose, with the 10-year yield falling to an intraday low of 4.32%, down more than 2 basis points during the day.
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