The nearly USD 67 billion 5Y Treasury bond auction session has a record high Allotted at High (amount of investors awarded at High Yield):
High Yield: 4.320%=, higher than market yield 4.312% and previous session: 4.055%
=> Tails: 0.8 bps
MARKET DAILY
Market 02/26: Bond demand unexpectedly drops in the massive $130 billion auction session
Auction of nearly USD 130 billion in Treasury bonds today. New home sales lower than expected.
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