Big US Treasury auctions could restart rise in yields
Big US Treasury auctions could restart rise in yields SECTIONS Last Updated: Apr 12, 2021, 11:26 AM IST Share Synopsis The benchmark 10-year yield rose more than 80 basis points in the first quarter on expectations of blistering economic growth, higher inflation and the estimated $4 trillion in new debt to be issued this year. Getty Images Investors said weak demand at upcoming auctions, which kick off on Monday, could send bond prices lower and yields higher, albeit at a slower pace than in the first quarter. Related NEW YORK: U.S. Treasury auctions offering $271 billion of new debt and a ke...