US sells 10-year TIPS at -0.939% vs -0.917% WI

23/09/2021 | 17:06 GMT

US 10-year TIPS reopening

Prior was -1.016%
Six auction average of -0.870%
Bid to cover 2.55 vs 2.58 prior

That's a strong bid. There's not much love for bonds in the market today but there's still demand for inflation protection.

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