Auction

​​​​​​​Interest In Sherman Tank On Popular Auction Site Soars With America Trapped In Chaos

When it comes to the virus pandemic in America, and the resulting socio-economic implosion, millions of folks have been panic buying food, guns, ammo, and gold. Americans Are Panic-Buying Military & Survivalist Gear Two Weeks Before Election https://t.co/Dm5wVJxSUF — zerohedge (@zerohedge) October 24, 2020 By the day, violent crime is surging across major metros as…

Record Big 30Y Auction Tails Despite Rebound In Foreign Demand

A record refunding week just concluded when the Treasury sold $27 billion in 30Y bonds – which as with this week’s 3Y and 10Y auctions, was the largest amount of 30Y paper ever sold by the US Treasury at one time. The auction stopped at 1.680%, tailing the When Issued by 0.6bps, and the highest…

Foreign Demand Unexpectedly Plunges For Record Big 3Y Auction

There were two ways to read today’s 3Y auction. As refunding got off to a start with today’s auction of a record big $54 billion in 3Y notes, an amount that is more than double the average 3Y auction in the 2015-2017 period… … the headline results were not bad: the auction priced at a…