The U.S. government on Wednesday sold a record $42B of 10-year notes at a lower-than-expected yield, signaling strong investor demand despite the auction's large size. The notes were awarded at 4. ...

The notes were awarded at 4.314%, above the pre-sale, or when-issue, rate of 4.283%, but below the 4.405% yield high seen in the prior auction. The bid to cover ratio for the auction rose to 2.31 ...