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Treasury yields come off sessions low after lackluster 10-year note auction

Sunny Oh

Treasury yields were off their intraday lows on Wednesday after an auction for benchmark government paper struggled to attract buyers. The benchmark 10-year Treasury note yield (BX:TMUBMUSD10Y) was virtually unchanged at 2.702%, after trading as low as 2.673% in the morning. Debt sales can influence outstanding bond yields as investors make room for fresh supply.