US 30-year bond auction tails as demand disappoints for second straight day
What we know so far
investingLive (Nov 13, 00:18): High yield 5.441% vs 5.437% WITail of 0.4 basis points Bid-to-cover 2.36x vs 2.44x averageDealers awarded 11.39% vs 9.49% averageThe US Treasury sold $25 billion in 30-year bonds on Thursday in a disappointing auction that adds to signs of softening demand at the long end of the curve.The auction stopped at 5.441%, a 0.4 basis point tail compared to the…
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