Long-term Treasurys rallied on Monday after a promising $16 billion auction of 20-year Treasury bonds, an event investors have generally overlooked but have started to closely monitor in recent months amid surging Treasury yields.
The highest yield on Treasurys auctioned Monday was 4.78%, 3 basis points below the 20-year bond’s yield on the secondary market before the auction…
This story from investopedia.com was posted on 2023-11-21 by @alpinec.