4 ms·
Hmmm. 7yr auction today: 95.3B tendered, 39.0B accepted. 2yr auction yesterday: 136.9B tendered, 54.0B accepted 20yr auction on 11/20: 41.2B tendered, 16.0
by beezle 3y ago
Hmmm.
7yr auction today: 95.3B tendered, 39.0B accepted.
2yr auction yesterday: 136.9B tendered, 54.0B accepted
20yr auction on 11/20: 41.2B tendered, 16.0B accepted
Seems like there is quite a bit of demand to me.
(edit to add 20yr)
- readthenotes1 3y agoSo at least the title is complete hogwash
- TradingPlaces 3y agoI came here to say this. Rates are high because of Fed Funds expectations. Also, rates have been coming down since mid-October https://fred.stlouisfed.org/graph/fredgraph.png?g=1bU5a https://fred.stlouisfed.org/graph/fredgraph.png?g=1bU5a This is a terrible article from someone with no understanding of debt security markets.
- jamesTee49 3y agoUsed to be near 100% takers. Those are new debts. The old debts being sold off actively and Fed had to intervene to buy up. Things are very bad right now. Just take whatever published values especially by Uncle Sam at CCP-level type of dishonesty. Look at some properties sold price, it is stale. A lot of local governments forbid publishing of those values. Look at unemployment rate, it is basically so different to during Carter era. Carter would have been doing extremely well with today's definition. Warren hoarding 120B for the coming raids. Same with many. Expect Joe to invoke wars (maybe Iraq, or Iran or even China-Taiwan) to stimulatereal gdp).