Important week in the bond market
This week's auctions will test the higher range in Treasury yields.
Today we get a whopping $58 billion in 3-year notes hitting the market. They're trading at 0.233% in the when-issued market.
Tues: $28B in 10s
Wed: $24B in 30s
I can't see this one spilling over into FX but the 10s and 30s will be more lively.
