Ugly 30 Year Auction Tails Big As Direct Bid Tumbles To Lowest Since March 2013
April 09, 2015 at 14:53 PM EDT
Yesterday's 10 Year auction was impressive, but one can't say the same about the just concluded, and final for the week, 30 Year reopening auction of Cusip RK6 which saw a whopping tail 3 bps to the 2.567%.