US sells 20-year notes at four.900% vs four.911% WI
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- Prior was four.686%
- Bid to cowl at 2.75 vs 2.50 prior
It is a robust public sale on a part of the curve that is powerful to foretell. Due to that, I would not essentially extrapolate it to 10s or 30s nevertheless it’s definitely higher than the choice.
This text was written by Adam Button at www.ubaidahsan.com.
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