Investors are demanding higher interest rates to finance the United States, evidencing a lack of confidence in the sovereign debt buyback program announced by the government.
The market was not convinced by this measure, as it represents money leaving the Treasury at a time when the country's deficit is soaring.
Treasury bond auctions attracted some interest, but the interest rate demanded by investors was higher than expected.
Treasury yields in the secondary market also continue to rise, reflecting the increase in financing costs for the US government.
