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Tagged: bond auction
- BusinessUS Treasury Yield Movement and Standard Chartered's Outlook After $22 Billion Bond AuctionFollowing a recent $22 billion auction of US government bonds, which saw strong demand, the benchmark 10-year Treasury yield experienced volatility. Standard Chartered has become more optimistic, suggesting a long position in 10-year Treasuries, anticipating a retreat toward 4.75 to 5 per cent over the next year.1 min