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Ugly, Tailing 20Y Auction Prices At 2nd Highest Yield On Record; Would Have Been Highest If Bessent Hadn't Panicked
We were facing the highest yield for a 20Y auction when the Treasury panicked. In retrospect, it may have bought just a few days/weeks of stability.
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zerohedge.com
Ugly, Tailing 20Y Auction Prices At 2nd Highest Yield On Record; Would Have Been Highest If Bessent Hadn't Panicked
We were facing the highest yield for a 20Y auction when the Treasury panicked. In retrospect, it may have bought just a few days/weeks of stability.
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washingtonexaminer.com
Bessent doubles US debt buybacks in response to market stress
Treasury yields climbed this week, with yields on 10-year, 20-year, and 30-year Treasury notes reaching their highest levels in years.
