BREAKING: US100 trims early gains after the US bond auction

U.S. Treasury yields surged following a lackluster 20-year bond auction, pushing the 10-year yield up by 10 basis points to 4.582% and the 30-year yield higher by 10.5 basis points to 5.073%. The weak demand at the auction intensified worries about the government debt, prompting a widespread adjustment in the pricing of risk assets.

Source: xStation

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