Mediocre, Tailing 30Y Auction Concludes This Week's Treasury Issuance
April 12, 2017 at 15:48 PM EDT
With the 30Y trading comfortably in repo today, with no tightness as indicated by the +0.7% repo rate, it seemed possible that the auction would join this week's previous 2 auctions of 3 and 10 Year paper by printing with a modest tail.