CatalystMacro

UGLY, TAILING 20Y AUCTION PRICES AT 2ND HIGHEST YIELD ON RECORD; WOULD HAVE BEEN HIGHEST IF BESSENT HADN'T PANICKED - ZEROHEDGE

Auction tailing at second-highest yield on record signals weak demand and rising term premium.

What changed

Auction tailing at second-highest yield on record signals weak demand and rising term premium.

Why it matters

Auction tailing at second-highest yield on record signals weak demand and rising term premium. — impact context not separately stored; see What changed.

Sources

zerohedge