Treasuries gain after today's auction

Source: Bloomberg
© Scanpix/RS
U.S. Treasuries increased on Wednesday rising by the most in nearly two weeks as demand for the safe-haven five-year government notes boosted in today's auction on continued geopolitical tension in Ukraine. The benchmark 10-year government bonds yielded five basis points lower at 2.70% by 3:44 p.m. New York time, the largest fall since March 13.

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