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Mediocre 30Y Auction Tails Due To Lack Of Short Squeeze

Thursday, March 9, 2017 15:41
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(Before It's News)

zerohedge.com / 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.

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



Source: http://silveristhenew.com/2017/03/09/mediocre-30y-auction-tails-due-to-lack-of-short-squeeze/

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