Following a sharp sell off several weeks ago, the 10 year notes rallied after their auction and the 30 year bonds held steady.
For now, supply is not a problem.
Major breaks in bond prices are related to economic growth.
Sunday, April 11, 2010
Treasury Auction Examined
On Wednesday and Thursday of last week the Treasury successfully auctioned 10 year and 30 year securities.
Following a sharp sell off several weeks ago, the 10 year notes rallied after their auction and the 30 year bonds held steady.
For now, supply is not a problem.
Major breaks in bond prices are related to economic growth.
Following a sharp sell off several weeks ago, the 10 year notes rallied after their auction and the 30 year bonds held steady.
For now, supply is not a problem.
Major breaks in bond prices are related to economic growth.
