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5Y Auction Tails Despite Jump In Foreign Demand, Yields Hit Session High
5Y Auction Tails Despite Jump In Foreign Demand, Yields Hit Session High After a mediocre 2Y auction to start the week's coupon issuance this morning, moments ago the Treasury sold 5Y notes in another average auction. The sale of $70BN in 5 Year paper stopped at a high yield of…
Read full article at Zerohedge →