​Solid 2Y Treasury Auction Prices At Lowest Yield In Two Years – Tyler Durden

Solid 2Y Treasury Auction Prices At Lowest Yield In Two Years After a sharp reversal in yields, which in August tumbled to a fresh 2024 low, some traders were eyeing today’s 2Y auction nervously to see if the move higher in yields would lead to some indigestion. In the end, it turned out there was no reason to be worried because moments ago the Treasury sold $69BN in paper to stellar market demand. The auction stopped at a high yield of 3.874%, the lowest since August 2022 and down sharply from the 4.434% last month, a 56bps drop which was…  — Continue at ZeroHedge News : Read More