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Solid 30Y Auction Stops Through Despite Drop In Foreign Demand
Solid 30Y Auction Stops Through Despite Drop In Foreign Demand After two mixed coupon auctions this week, including a subpar 3Y and a strong 10Y, moments ago the Treasury concluded the week's coupon issuance when it sold $22BN in 30Y bonds in another solid auction. The paper priced at a high yield of 4.871%, above the 4.750% in February and the highest since last July's 4.889%. It also stopped through the When Issued 4.878% by 0.7bps, the 4th consecutive stop through in a row. ...
12 Mar, 17:21 — 12 Mar, 17:21
