Yields Hit Session High As Bonds Slump After Record 5Y Auction Tails

Feb 26th 2024 1:41pm EST

Yields Hit Session High As Bonds Slump After Record 5Y Auction Tails Ninety minutes after the Treasury sold a record $63 billion in an ugly 2Y auction, at 1pm we got the day’s second coupon auction when we just saw another record, this time in the form of $64 billion in 5Y notes, the highest […]

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