Fri, 13 May 2016 09:59:12 GMT
Foreign demand causes treasury prices to spike
Treasury prices reached a one-month high, as foreigners enhanced their 10-year bond investments, pushing the yields down by 3.5 bps to show 1.729%. Accepted bid amounts were topped 2.68 times, which lined up with the latest trends. However, extraordinarily high activity in the treasury market was made up by foreign investors.