Yields Slide After Solid, Stopping Through 10Y Auction On a normal day, the 10Y auction tends to be one of the biggest market events of the week especially when it is the once-in-a-quarter refunding auction. Not today however, because everyone’s attention is far more focused on today’s election result and the sheer collapse in market liquidity. Still, in a day when yields blew out as high as 4.36% after the red hot Service ISM – and a Trump victory – traders were certainly casting nervous stares at the results of today’s auction. So with today’s $42 billion refunding auction of… — Continue at ZeroHedge News : Read More
Home » Yields Slide After Solid, Stopping Through 10Y Auction – Tyler Durden