The Treasury auctioned off $35 billion in 5 year treasuries, for the second day Primary Dealer's interest "declined broadly".
The debt ceiling is $23 billion dollars away, tomorrow the Treasury auctions off $24 billion, so......
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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