8:09 EDT - As Treasurys fell overnight after Tuesday's gains, the US
is poised to sell 5-year debt at the lowest auction-yield ever,
currently at 0.568% in the secondary market. Today's action comes amid
signs that "core" euro officials may be softening their stance on
deeper regionwide risk-sharing, with ECB council member Ewald Nowotny
saying there's a case for the ESM to extend its lending capacity by
getting a banking license. Benchmark 10-year notes fall 5/32, yielding
1.423%. (cynthia.lin@dowjones.com)
(END) Dow Jones Newswires
July 25, 2012 08:09 ET (12:09 GMT)
No comments:
Post a Comment