RPT-U.S. 10-year Treasury note supply fetches strong demand

By Kitco News / January 10, 2018 / www.kitco.com / Article Link

(Repeats with no changes to text.)

NEW YORK, Jan 10 (Reuters) - The U.S. Treasury Department on Wednesday sold $20 billion of 10-year government notes to strong demand at a yield of 2.579 percent, which was the highest since July 2014, Treasury data showed.

The ratio of bids to the amount of 10-year notes offered was 2.69, which was the strongest since June 2016. The gauge of overall auction demand was 2.37 at the previous 10-year note auction in December. (Reporting by Richard Leong; Editing by Jonathan Oatis)

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