Treasuries Weather Weak Demand for Seven-Year Notes, Await Fed
Treasuries held most of the advance that’s driven yields toward their lowest levels of the year in recent weeks despite weak demand for an auction of seven-year notes, anticipating a...
By Elizabeth Stanton, Ye Xie · Bloomberg Markets
Treasuries held most of the advance that’s driven yields toward their lowest levels of the year in recent weeks despite weak demand for an auction of seven-year notes, anticipating a Federal Reserve interest-rate cut on Wednesday.