Westpac Research notes:
US 10yr treasury yields initially rose to2.41% after Q1 GDP was revised higher (as expected) but then fell to 2.36%. A 5yr auction disappointed, awarded at 1bp above pre-auction market yield.
Westpac Research notes:
US 10yr treasury yields initially rose to2.41% after Q1 GDP was revised higher (as expected) but then fell to 2.36%. A 5yr auction disappointed, awarded at 1bp above pre-auction market yield.