Foreign demand steadies at US Treasury auctions in June
Tweet
Share
E-mail
A sign marks the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder
NEW YORK, June 8 (Reuters) - Foreign investors increased purchases of two- and five-year U.S. Treasury notes while slightly reducing demand for seven-year debt at an auction earlier this month, amid signs of tensions in the Middle East easing, U.S. Treasury Department data released on Monday showed.
• Foreigners bought $9.923 billion of the latest two-year notes earlier in June, up from $9.158 billion in the auction in late April.
• They also took $8.946 billion of five-year notes, up 6.3% from $8.417 billion in April.
• However, overseas investors trimmed their purchases of seven-year debt in June to $5.651 billion, versus April's $5.817 billion.
• Overall, the Treasury offered $79 billion in two-year notes, $80 billion in five-year debt, and $50 billion in seven-year securities.
(Reporting by Gertrude Chavez-Dreyfuss; Editing by Sonali Paul)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bank of Korea governor says interest rates to be raised 'on time'
- Trump, allies working on plan to void his impeachments, WSJ reports
- Thai king's eldest daughter dies, aged 47, after long illness, Royal Palace says
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
