The only word to describe today’s just concluded, and final for the week, auction of 30 Year paper can only be described with one word: blistering. First, the pricing yield itself, coming at 3.224% a whopping 2.5 bps through the When Issued, was the lowest since May 2013, just before the first Taper…
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Blistering Demand For 30 Year Paper; Lowest Yield Since May 2013; Directs Strongest Since 2011