NEW YORK: US Treasury yields rose to session highs on Wednesday following stunningly weak results at a $27 billion auction of 10-year notes, the second leg of this week's $84 billion quarterly government refunding.
At 1:20 p.m. (1720 GMT), the yields of benchmark 10-year Treasury notes on the open market were 3.9 basis points higher at 2.487pc.
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