Solid 20Y Auction Prices At Highest Yield On Record
August 23, 2023 at 13:37 PM EDT
Moments ago, the Treasury sold $16BN in 20Y paper in a solid, if hardly memorable, auction. The high yield of 4.499% was the highest on record since the 20Y auction was introduced in May 2020. It tailed the When issued 4.490% by 0.9bps, the biggest tail for the tenor since October 2020. The bid to […] Source
