​Stunning Foreign Demand For Strongest 30 Year Auction On Record – Tyler Durden

Stunning Foreign Demand For Strongest 30 Year Auction On Record If this week’s 3Y auction was subpar, yesterday’s 10Y was mediocre, then today’s 30Y auction was an absolute stunner. In fact, one could saw it was the strongest 30Y auction on record. Starting at the top, the high yield was 4.389%, up sharply from last month’s 4.015% and the highest since July’s 4.405%. But that was not a surprise to the market, where the When Issued had already been trading around 4.404%, meaning the auction stopped through by 1.5bps, the first non-tailing 30Y auction since June. The bid to cover…  — Continue at ZeroHedge News : Read More