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Mediocre 30Y Auction Tails Due To Lack Of Short Squeeze

Thursday, March 9, 2017 15:41
% of readers think this story is Fact. Add your two cents. / by Tyler Durden / Mar 9, 2017 1:18 PM

After yesterday’s blockbuster auction, today’s sale of $12 billion 30Y paper appeared precarious, because unlike the physical shortage of 10Y in the repo yesterday, there was no problem with finding ultra long-dated paper in the repo market today, something we warned about earlier today.


The post Mediocre 30Y Auction Tails Due To Lack Of Short Squeeze appeared first on Silver For The People.


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