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Indirect bidders buy most U.S. 10-year notes since January
October 11, 2017 / 5:22 PM / in 11 days

Indirect bidders buy most U.S. 10-year notes since January

NEW YORK, Oct 11 (Reuters) - Indirect bidders which include fund managers and foreign central banks on Wednesday purchased their biggest share of U.S. benchmark 10-year Treasury notes at an auction in nine months, according to U.S. Treasury Department data.

The Treasury awarded 69.10 percent of the $20 billion of 10-year notes offered, above the 55.28 percent awarded at the 10-year auction last month and the highest percentage since January’s 70.52 percent. (Reporting by Richard Leong, editing by G Crosse)

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