Newsfeed: Stellar 30Y Auction Sees Foreign Demand Surge To 2nd Highest On Record

Newsfeed: Stellar 30Y Auction Sees Foreign Demand Surge To 2nd Highest On Record

After two soggy coupon auctions earlier this week, which saw both the 3Y and 10Y sales tail modestly with subpar internals, moments ago the US Treasury sold $20BN in a 30 year paper (technically a 29-year 11 month reopening of CUSIP TD0), in what can only be described as a stellar auction.

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