The U.S. Treasury just issued 69BN notes (my favorite size). It was 2.64X oversubscribed. A total of 182BN of demand. The demand blew away the demand for the SPCX deal. Buy America. Everyone wants
What changed
The U.S. Treasury just issued 69BN notes (my favorite size). It was 2.64X oversubscribed. A total of 182BN of demand. The demand blew away the demand for the SPCX deal. Buy America. Everyone wants some!!!!
😜 — via @dampedspring
Why it matters
69B notes 2.64X oversubscribed with 182B demand, far exceeding SPCX deal.