JP Morgan strategists said in a note the US Treasury's $39 bln 10-year auction on Wednesday may need to offer price concessions to be fully absorbed, citing weaker fundamental and near-term valuation support. TRADEWEB DATA showed the 10-year Treasury yield fell 1.2bps in Asian trade to 4.790%.

2026-09-09

JP Morgan strategists said in a note the US Treasury's $39 bln 10-year auction on Wednesday may need to offer price concessions to be fully absorbed, citing weaker fundamental and near-term valuation support. TRADEWEB DATA showed the 10-year Treasury yield fell 1.2bps in Asian trade to 4.790%.