Solid 5Y Auction Sees Strong Demand Despite Tiny Tail
August 28, 2023 at 13:46 PM EDT
90 minutes after the day’s first coupon auction in what is a truncated week, the US Treasury sold another coupon bond, this time $46 billion in 5 Year paper, in what was another solid auction. The bond priced at a high yield of 4.400%, tailing the When Issued 4.399% by 0.1bps, the third consecutive tailing […] Source
