A US appeals court on Tuesday temporarily paused a ruling by a lower court against President Donald Trump's 10% global tariff, keeping the levies in place for three importers that had won a reprieve, Reuters reported.
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3:00 Tuesday vs 3:00 Monday2yr 99-17 vs 99-20; 3.991% vs 3.943%5yr 98-28+ vs 99-04+; 4.122% vs 4.066%10yr 97-11 vs 97-24; 4.462% vs 4.408%30yr 95-22+ vs 96-11+; 5.028% vs 4.984%2/10 46.634 bps vs 46.319 bps5/30 90.431 bps vs 91.694 bps
The US Treasury's 10-year auction hit a high yield of 4.468% on Tuesday, up from the 4.282% high in the previous auction.The bid to cover ratio for the auction was 2.40, below the 2.43 ratio in the previous auction.Dealers represented 55.55% of the bids, with direct bidders at 12.32% and indirect bidders at 32.12%.For takedown, dealers took 11.98%, with direct bidders at 24.07% and indirect bidders at 63.95%.