High Yield: 4.659% (market yield: 4.648% | previous session: 4.605%)
=> Tail: 1.1 bps
Successful bid ratio at High Yield level: 53.41% (previous session: 87.59%)
MARKET DAILY
Market 06/10: 58 billion 3Y bonds dismal auction with credit interest rates reaching record
Credit debt in April decreases as credit borrowing rates hit record high -- Short-term inflation expectations decrease -- European Parliament election -- Bitcoin whales open giga long positions.
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