Posted on Wednesday, 10th February 2010 by Mortgage Helper
Treasuries came under pressure yesterday following a disappointing 3-year auction and on speculation that the European Union will, in fact, step in to provide financial assistance to Greece.
The auction was not very well received yesterday, which means that investors were not willing ot pay as much for the issue as expected prior to the auction.
Today the Treasury will continue their auction activity with the sale of $25 billion of 10-year notes.
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