Weak 2Y Auction sends yields to new highs

Aggiornato
For more background info on the auction see chart. Demand evaporated during auction as implied by When-Issued. Note we have a 5Y auction coming up in half an hour.
Nota
5Y auction was a failure too. High yield 1,319%, When-Issued 1,309%.
Beyond Technical AnalysisFundamental Analysis

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