Weak demand for US Treasury notes, bonds could become a concern
Demand for US Treasury bonds and notes last year hit its lowest point in 10 years. Weak auctions and bond losses aren’t linked, but the declining demand could become significant to investors, said Torsten Slok, Deutsche Bank’s chief international economist, who added, “A declining bid-to-cover ratio increases the vulnerability and probability that investors suddenly will begin to think that a falling bid-to-cover ratio is important.”
