Yields Rise After Weak, Tailing 7Y Auction

Sep 28th 2021 1:13pm EDT

Yields Rise After Weak, Tailing 7Y Auction After two subpar coupon auctions yesterday, which saw the sale of 2Y paper price at the lowest bid to cover since Dec 2008, moments ago the Treasury completed its coupon issuance for the day with the sale of $62 billion in 7Y paper in yet another disappointing auction […]

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