Foreign Buyers Shun Ugly, Tailing 30Y Auction
May 13th 2021 1:11pm EDT
Foreign Buyers Shun Ugly, Tailing 30Y Auction In stark contrast to yesterday’s stellar 10Y auction, moments ago the Treasury concluded its refunding issuance when it sold $27BN in 30Y paper in an ugly, tailing auction that was disappointing in every category. The High Yield of 2.395% was the highest since November 2019, and tailed the […]
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