Treasuries Rise as Auctions Highlight Solid Demand for US Debt

Investors snapped up US debt for a third straight day, helping to quell concern that a widespread “Sell America” sentiment would dampen the Treasury Department’s auction results.

A $44 billion offering of seven-year notes on Thursday was met with robust demand, helping existing US government debt to extend its advances. Treasuries had risen earlier in the session after data revealed the world’s top economy shrank at the start of the year, reinforcing bets the Federal Reserve will lower interest rates twice by early 2026.