In the coming days, the U.S. Treasury Department will hold auctions for 2-year, 5-year, and 7-year Treasury notes, along with a few weekly ones. The government holds these auctions to raise money, which helps it finance all of its obligations. These auctions have been especially noteworthy this year because bond investors have had some concerns about
(Bloomberg) — Solid investor demand at the Treasury Department’s $70 billion auction of new five-year notes offered the latest evidence of appetite for shorter-term securities. Most Read from Bloomberg Yields across US debt maturities edged off their session lows after the sale on Wednesday, which saw indirect bidders — a category of investors that includes
There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government will endure and stand by
The world’s most widely followed stock-market benchmark slid into a correction on Thursday, a drop that underscores how the two-year-long bull market is running out of steam in the early days of the Trump administration. The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Washington over the past few weeks. On-again,