Following a 0.9bp tail in yesterday's 5Y auction and 1.1bp tail in today's 7Y, 10Y yields have snapped 12bps higher and broken back above 2.00% for the first time since The FOMC meeting last week...
Charts: Bloomberg
10Y Treasury Yield Tops 2.00% Following Consecutive Weak Auctions
Following a 0.9bp tail in yesterday's 5Y auction and 1.1bp tail in today's 7Y, 10Y yields have snapped 12bps higher and broken back above 2.00% for the first time since The FOMC meeting last week...
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