Investment funds buy $18.193 billion 10-year note in November - U.S. Treasury

Reuters

Published Nov 22, 2021 03:10PM ET

Updated Nov 22, 2021 03:23PM ET

REUTERS - Large investment managers bought $18.193 billion at a 10-year note auction held in November, compared with the $19.895 billion they purchased the previous month, data from the U.S. Treasury Department released on Monday showed.

Overseas investors, another major group of holders of U.S. government debt, bought $14.134 billion of the latest 10-year supply, compared with $13.339 billion they purchased the previous month, according to the Treasury Department’s auction allotment data.

The Treasury also sold some of $62 billion of 10-year notes earlier this month to banks, pension funds and Wall Street bond dealers.

At other auctions held the same week as the 10-year auction, large investment managers bought $28.448 billion of 3-year notes, compared with the $25.331 billion they purchased the previous month. They bought $14.199 billion in 30-year bonds versus $13.730 billion the prior month.