Monday, November 22, 2010

Yield For Today's $35 Billion 2 Year Auction Joins Rest Of Curve In Rising

"After recent 7, 10 and 30 Year auctions all came in at a higher yield than prior, today it was the 2 Year's turn. Today's $35 billion 2 Year bond came at a 0.52% high yield, substantially wider than the previous 0.40% which was an all time record. And despite the rise in the rate, the Bid to Cover still came at a near all time high of 3.60, lower only compared to September's 3.78 and October 2009's 3.63%..."

at http://www.zerohedge.com/article/yield-todays-35-billion-2-year-auction-joins-rest-curve-rising?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

No comments:

Post a Comment