Results of the 30-year auction:
– High yield at 2.905% compared to 2.884% WI
– Bid-to-cover 2.29 vs 2.42 prior
The yield was more than a full basis point below the WI but the bond market continues to slump afterwards as stocks gather steam.
Results of the 30-year auction:
– High yield at 2.905% compared to 2.884% WI
– Bid-to-cover 2.29 vs 2.42 prior
The yield was more than a full basis point below the WI but the bond market continues to slump afterwards as stocks gather steam.