Poor 30Y Auction Tails, Dealers Awarded Most In 6 Months
Poor 30Y Auction Tails, Dealers Awarded Most In 6 Months A stellar 3Y auction, followed by a mediocre 10Y, we conclude the refunding week’s coupon offerings with an even more disappointing 30Y sale, which saw $25 billion in ultra long-dated paper sell to muted market response. The auction stopped at a high yield of 4.748%, […]
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