The 20-year Treasury bond auction today was a doozie. It took a yield of 5.42% to find enough demand to sell all of the $13 billion of bonds, the highest yield since the 20-year bond was re-introduced in March 2020.
The 20-year Treasury bond auction today was a doozie. It took a yield of 5.42% to find enough demand to sell all of the $13 billion of bonds, the highest yield since the 20-year bond was re-introduced in March 2020.