Bond Report: Treasury yields tick lower after strong sale of 20-year government bonds

by | Nov 20, 2023 | Stock Market

U.S. Treasury yields were edging lower on Monday afternoon as traders digested the auction results of $16 billion in 20-year government bonds. Investors, meanwhile, awaited minutes of the Federal Reserve’s November meeting in an abridged trading week ahead of the Thanksgiving holiday.What’s happeningWhat’s driving markets U.S. Treasury yields were sticking to recent lows on Monday afternoon after a 20-year government bonds auction drew stronger-than-expected demand, pushing Treasury prices higher. …

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