US sells 10-year notes at 3.999% vs 3.998% WI

<ul><li>Prior 3.857%</li></ul><p>Those bid numbers show the allure of 4%.</p><p>"Treasuries chopped sideways throughout the session on lighter volumes across the curve and 10-year yields were slightly lower on the day in the runup to 1pm. Since the result, we've seen little change in the follow-through," BMO writes after the release.</p>

This article was written by Adam Button at www.forexlive.com.