Staggering Demand For 7Y Paper Delivers Third Monster Treasury Auction In A Row
January 26, 2023 at 13:17 PM EST
A stellar 3Y auction on Tuesday, a record-breaking 5Y auction yesterday and moments ago: a blowout 7Y auction completes a sequence of three monster auctions which have seen an absolute flood of demand mostly by foreign buyers. The high yield in today’s 7Y auction stopped at a high yield of 3.517%, which was 40bps below […] Source
