US 30-year bonds sell at 2.395% vs 2.377% WI before sale
1 min readResults of the 30-year bond sale
That’s trouble. This was a $27B sale and that’s a lot of bonds to swallow after you just saw a 0.9% m/m rise in core inflation. Equities slipped lower and the US dollar higher (particularly USD/CAD) after this sale.
Given the size of the tail though, I’m surprised the move isn’t larger.
