There was no fear in the bond auction ahead of a 3-year sale.
- Bid to cover at 2.60 vs 2.58 prior
The stop through of 1.3 bps could help to reverse the bond market today after a sluggish start.
The front end of the curve sold off into the auction:
There was no fear in the bond auction ahead of a 3-year sale.
The stop through of 1.3 bps could help to reverse the bond market today after a sluggish start.
The front end of the curve sold off into the auction:
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