Vivien Lou Chen is a Markets Reporter for MarketWatch. You can follow her on Twitter @vivienlouchen.
Treasury’s sale of 7-year notes “was solid” Thursday afternoon, adding to the bullishness being seen throughout the day, according to BMO Capital Markets strategist Ben Jeffery.
The auction results extended the rally in government debt that began earlier in the day and sent yields toward intraday lows. The policy-sensitive 2-year rate fell 10 basis points to 5.021% after touching a low of 5.009%.
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