12 May | Dollar

United States. 10-Year Note Auction. The value of the indicator has increased from 4.282% to 4.468%

A report on this calendar event is released monthly by the U.S. Department of Treasury.

State regulators issue Treasury bonds for the purpose of borrowing money to cover the difference between the received tax revenues and the total cost of debt refunding.

The bonds’ rate of return determines the amounts of revenues will be received by an investor after the bonded debt repayment. The bonds’ rate of return is a government debt indicator.

An increase of the indicator value may contribute to the rise in quotes of USD.

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