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Treasury sells $15 bln in 10-year TIPS at -0.046%

SAN FRANCISCO (MarketWatch)
The Treasury Department sold $15 billion in 10-year Treasury Inflation Protected Securities on Thursday at a yield of negative 0.046%
Bidders offered to buy 2.91 times the amount of TIPS sold while indirect bidders, a group that includes global central banks, bought 36.3%
Direct bidders, a class that includes domestic money managers, purchased another 13.4%
After the auction, the broader bond market remained unchanged
Yields on 10-year notes , which move inversely to prices, rose 8 basis points to 1.98%

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