US sells 10-year notes at 4.834% vs 4.849% WI

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This was a reopening so it's 9 years, 11 months.This should unwind some of the angst about Bessent's buyback as it's a 1.5 bps stop through.In any case, this is still the most the Treasury has paid to borrow of 10 years since 2007. This article was written by Adam Button at investinglive.com.