ZeroHedge· Tyler Durden·· 4 hr agoAI Score34
Another Soft Tail For 20Y Auction: Is This One Of The Last?
Another Poor, Tailing 20Y Auction: Is This One Of The Last Ones
AI summary
The only coupon auction of the week was the 20Y, which tailed at 5.469%, the highest ever for this tenor, up 49bps from September, and 0.9bps through when-issued, the 4th consecutive tail.
Source:ZeroHedge · zerohedge.com