Treasury sells $11 bln in 10-year debt at 0.887%
SAN FRANCISCO (MarketWatch) — The Treasury Department sold $11 billion in 10-year Treasury Inflation Protected Securities on Thursday at a yield of 0.887%. Investors offered to buy 2.66 times the amount of debt sold while indirect bidders, a group which includes foreign central banks, purchased 40.7%. After the auction, yields on 10-year notes , which move inversely to prices, edged up to 3.21%.
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