The market was jittery about the Verizon deal but the cash was there. A nearly 3 basis point miss is a big deal.
It’s still the highest yield in 2 years but USD/JPY ticking lower as bonds sprint away from 3.00%.
Big drop after the auction.
The market was jittery about the Verizon deal but the cash was there. A nearly 3 basis point miss is a big deal.
It’s still the highest yield in 2 years but USD/JPY ticking lower as bonds sprint away from 3.00%.
Big drop after the auction.
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