Ugly, Tailing 5Y Auction Completes Day Of Misery For Treasuries
Feb 24th 2021 1:16pm EST
Ugly, Tailing 5Y Auction Completes Day Of Misery For Treasuries A far cry from yesterday’s solid 2Y auction, moments ago the Treasury sold $61BN in 5 year paper in a very ugly auction. The high yield of 0.621% was sharply higher from last month’s 0.424%, the direct result of the pounding the belly has suffered […]
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