Record Foreign Demand For Blowout 30Y Treasury Auction Sends Yields Tumbling Across The Curve
January 12, 2023 at 13:21 PM EST
What a blowout auction. After a stellar 3Y, an impressive 10Y (both of which came in far stronger than expected, prompting us to correctly say there were zero jitters about today’s CPI print in the bond market), moments ago we got an absolutely blowout, record 30Y auction. The high yield of 3.585% was fractionally above […] Source
