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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (103532)5/28/2009 7:20:15 AM
From: orkrious  Read Replies (1) | Respond to of 110194
 
The 10-year saw its yield move above 3.70 percent, after trading at 3.55 percent the previous day. The selling wave hit bonds shortly after 1 p.m., even after the auction of $35 billion in 5-year notes was well received.

"It was a great auction.


Yup. Wonderful auction. Except private sources didn't show up. Just CB's.