U.S. Treasury Yields Rise After Weak 7-Year Note Auction; Nasdaq Slips
The Treasury saw better demand for its $62 billion sale of 7-year notes, but overall appetite for the new paper remains notably lower than longer-term averages. U.S. Treasury bond yields moved higher Thursday following a weaker-than-expected auction of 7-year notes that saw demand slide below the recent auction average. The…
bubmagMarch 25, 2021