US Treasury auctions last week:
3-month 4.195 average yield/4.225 previously
6-month 4.18/4.22
2-year 4.169/4.211
5-year 4.123/4.33
7-year 4.194/4.457
4-week 4.25/4.245.
The weekly average of US Treasury yields by duration finished the week showing Bills holding up and Notes collapsing the most, with Bonds not far behind.
Yields for the 1MO, 1.5MO, 2MO, 3MO, and 4MO were strong in the range of 4.3. Investors piled into 2Y and 3Y Notes with yields plunging to 3.99 on Friday.
