The Treasury and the Federal Reserve plan to sell as much as $116.5 billion in notes next week amid a scarcity of short-term debt in a market seeking lower-risk investments.
Treasuries fell, pushing 10-year note yields to a two-week high, as the U.S. sold $24 billion of the securities a day after Federal Reserve Chairman Janet Yellen said the central bank remains on course to taper bond purchases.
"Treasuries have a bid-- it seems to be from outside circumstances, and people are thinking the first Fed rate hike is being pushed back."
- Ray Remy on Jan 12, 2015
Daiwa’s Remy Says Non-Farm Payrolls Key To Yield-Shift (Audio)
Daiwa’s Remy Says U.S. Bond Market Awaits Fed, Data (Audio)
Daiwa’s Remy Says Bond Market Watching Yellen-led Shift (Audio)
Daiwa's Remy Says Fiscal Drag, Yellen Aid Bonds
Remy Says 30-Year Bond Market Auction `No Big Deal’