The Traderszone Network

Published in TZ Latest News 12 November, 2014 by The TZ Newswire Staff

Treasury Prices Fall Amid Weak Demand At Auction

Treasuries declined after the government’s sale of $24 billion in 10-year debt drew lower-than-average demand with investors anticipating the Federal Reserve may raise interest rates next year. The bid-to-cover ratio, which gauges demand by comparing total bids with the amount offered, was 2.52, matching the lowest since August 2013, vs. an average of 2.70 at the past 10 sales.

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