U.S. Treasurys Flatten Post-Refunding Announcement; Ultra-Long Bonds Still on the Table

U.S. Treasurys Flatten Post-Refunding Announcement; Ultra-Long Bonds Still on the Table

U.S. Treasurys curve flattens on the back off the Treasury Department’s quarterly refunding announcement on Wednesday, which saw no mention of ‘ultra-long bonds’. Yield on the benchmark 10-year notes rose slightly to 2.26, while the longer dated 30-year bonds sunk to...
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