Month: July 2018

Ten-Year Note Auction Attracts Above Average Demand

username July 11, 2018 No Comments forex news

Following yesterday’s auction of $33 billion worth of three-year notes, the Treasury Department sold $22 billion worth of ten-year notes on Wednesday, attracting above average demand. The ten-year note auction drew a high yield of 2.859 percent and a bid-to-cover ratio of 2.57. Last month, the Treasury also sold $22 billion worth of ten-year notes, […]

U.S. Wholesale Inventories Climb More Than Expected In May

username July 11, 2018 No Comments forex news

A report released by the Commerce Department on Wednesday showed wholesale inventories in the U.S. increased by slightly more than expected in the month of May. The Commerce Department said wholesale inventories climbed by 0.6 percent in May after inching up by 0.1 percent in April. Economists had expected inventories to rise by 0.5 percent. […]

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