Strong Demand for 20-Year Treasury Auction

A 20-year Treasury auction saw stellar demand, particularly from foreign investors, marking the highest foreign demand in two years amidst a quiet day for stocks.

16 Jun, 17:47 — 16 Jun, 17:47

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zerohedgeLow75d ago

Stellar 20Y Auction Stops Through, With Highest Foreign Demand In 2 Years

Stellar 20Y Auction Stops Through, With Highest Foreign Demand In 2 Years In a quiet day for stocks, which are now trading near session lows, which in turn is prompting a bid for safety, the Treasury complex was already trading at the best levels of the day ahead of today's Treasury auction. Then just after 1pm, the stellar results from today's 20Y auction (technically a 19 Year 11-month reopening of cusip UV8), confirmed the solid demand for US paper. Today's sale of $13BN in ...

By Tyler Durden

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Strong Demand for 20-Year Treasury Auction

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Stellar 20Y Auction Stops Through, With Highest Foreign Demand In 2 Years

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