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Stock impact report

Strong Demand for Treasuries Sets Stage for Another Record Sale [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
(Bloomberg) -- The US Treasury market faces another big test with a record bond auction on Wednesday, a day after an “impressive” two-year sale hinted the selloff is finally abating. Most Read from Bloomberg Taylor Swift Is Proof That How We Critique Music Is Broken Biden's New Chopper Is Demoted After Scorching White House Lawn Tesla Speeds Cheaper EV Plans, Calming Fears Over Strategy Billionaire Pinaults Fight to Pull Gucci Off the Discount Rack Ray Dalio's Famous Trade Is Sputtering, Investors Bailing The US will sell $70 billion of five-year notes at 1 p.m. New York time, the largest amount ever offered for such a tenor. On Tuesday, it sold a record $69 billion of two-year notes at a yield of 4.898%, lower than where the rate was trading before the auction, a strong sign of buoyant demand. This week's hefty slate of supply — the last of the current funding cycle — will help determine whether this is a turning point for the market, which has weathered four straigh Show less Read more
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