Long-end Treasuries weaken as Treasury gives no signal on smaller long-bond sales

Bloomberg · 8 hours ago
Long-end Treasuries weaken as Treasury gives no signal on smaller long-bond sales
  • Treasuries declined after predictions that US government officials would directly signal a possible reduction in long-term debt sales fell flat.
  • The selloff temporarily lifted yields across maturities, though short-term debt recovered as stocks fell.
  • US benchmark crude oil rose above $100 a barrel at around midday in New York, its first move above that level in weeks.
  • The Treasury Department released a list of survey questions for primary dealers ahead of its quarterly borrowing policy discussion on Nov. 4.

Quotes

“The price of US benchmark crude oil topped $100 a barrel for the first time in weeks”— Bloomberg

Sources