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TREASURIES-U.S. yields turn flat after weak 10-year auction
May 10, 2017 / 5:15 PM / 7 months ago

TREASURIES-U.S. yields turn flat after weak 10-year auction

NEW YORK, May 10 (Reuters) - U.S. Treasury yields on Wednesday pared their earlier fall to turn flat, following weak results at a $23 billion auction of 10-year government notes that was the second leg of this week’s $62 billion supply from the May quarterly refunding.

The benchmark 10-year Treasury yield hit a session peak at 2.407 percent, unchanged on the day shortly after the 10-year note sale.

Reporting by Richard Leong; Editing by Chizu Nomiyama

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