Appetite for U.S. Debt Is Weakest Since 2009 in Lead-Up to Fed

Updated on
  • Measure of demand at five-year note auction declines
  • Dealers stuck with biggest share of sale since August 2015

Markets Look for Answers From Federal Reserve, BOJ

For the second day in a row, an auction of U.S. Treasury notes drew the feeblest demand in years, before central-bank decisions this week that may spark volatility in financial markets.

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