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Market 01/10: 10Y Treasury auction not promising

Banks' forecasts for December CPI. WTI oil price slides - Cushing inventory decreases for the first time since October. November wholesale inventory slightly down, consumer goods imports recover.

Nhật Thanh Lê

Published on January 10, 2024

Today's 10Y Treasury auction results not too favorable for the US Treasury:

Highest accepted yield (High Yield): 4.024% – up to 44.07% of auction participants demanded this high yield!

=> It seems the public debt issue is affecting the US government's borrowing costs:

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Market 01/10: 10Y Treasury auction not promising

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