Long-term Treasury yields fall as traders anticipate Treasury will cut 20- and 30-year auctions

Long-term Treasury yields fell, with the 30-year down 3 bps, 20-year down 4 bps and 10-year down 3 bps, as traders anticipated the Treasury will cut 20-year and 30-year bond auctions next month. BlackRock also reportedly ended its bearish bet on US long-term bonds.

Detected & updated continuously · Source: Nebula