UPDATE 1-Funds, foreigners buy fewer U.S. 10-year notes in June

June 22, 2016 7:40 PM

12 0

(Recasts lead, adds background) NEW YORK, June 22 Large investment managers and overseas investors bought fewer U.S. 10-year Treasury notes in June than a month ago, but their purchases remained at elevated levels due to worries about global growth and Britain's vote on its European Union membership.

The $20 billion 10-year note auction on June 8 was smaller than the $23 billion sale conducted in May, Treasury Department data released on Wednesday showed. On a percentage basis, indirect bidders which include investment funds and foreign central banks accounted for 73.63 percent purchases at the ...

Also read: Vedanta to invest 200 bln rupees over 3 yrs to expand aluminium capacity

Read more

To category page

Loading...