TREASURIES-Treasury sells 20-year bonds to strong demand
June 17, 2020 at 15:21 PM EDT
The U.S. Treasury saw strong demand for its second sale of 20-year bonds on Wednesday, as yields fell broadly in choppy trading on concerns about new outbreaks of the coronavirus. The Treasury sold $17 billion of the 20-year bonds for a high yield of 1.314%, around two basis points lower than where they had traded before the auction. “The auction went very well and the statistics