Today is the 2nd of the long-end UST auctions for the month of November (16bln 30yrs will be sold to the market at 1pm…largest single DV01 event of the monthly cycle). This will be a new 30yr (new cusip, maturity date, coupon, etc..). Buying bonds in these auctions and holding for 24 hours has…
See the rest here:
30yr UST Auction Preview