U.S. sells 10-yr debt at lowest yield since July

SAN FRANCISCO (MarketWatch)
Sticking with its very predictable auction schedule, the Treasury Department sold $24 billion in 10-year notes on Wednesday at a yield of 1.675%, the lowest since July
Bidders offered to buy 2.59 times the amount of debt sold, compared with an average of 3.2 times at the last four comparable auctions, according to CRT Capital Group
Nonetheless, groups of bidders that include foreign central banks and domestic money managers (basically bidders besides primary dealers) purchased a slightly bigger proportion of the auction compared to recent ones, which is generally a positive sign about investor interest Yields on the current 10-year notes , which move inversely to prices, stayed down 11 basis points at 1.64%