Treasury Sells 10-Year Notes at Record Low

Summary


NEW YORK - A stampede by investors into Treasurys helped the U.S. government borrow at record low rates for the second day straight.

The Treasury sold $24 billion in 10-year Treasury notes Wednesday afternoon at a yield of 2.14 percent. That's the lowest borrowing rate for an auction of 10-year notes on record, according to Treasury dealers.

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Treasury Sells 10-Year Notes at Record Low

It's the second day in a row that the Treasury was able ...

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