18-Day Bill Treasury Auction Results – 2.395% – The Smell of Fear

This is a syndicated repost courtesy of Treasury Auction Results. To view original, click here. Reposted with permission.

If this doesn’t worry you, you’re missing the point. They bought it. Now they have to pay for it. This massive wad of TP settles February 11.  Keep your eye on that date.

CUSIP: 912796XJ3
Term and Type: 18-Day Bill
CMB: Yes
High Rate: 2.395%
Investment Rate: 2.431%
Price: $99.880250
Allotted at High: 78.56%
Total Tendered: $150,106,526,000
Total Accepted: $50,000,294,000
Auction Date: 02/06/2019
Issue Date: 02/11/2019
Maturity Date: 03/01/2019
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Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I am a contractor for Money Map Press, publisher of Money Morning, Sure Money, and other information products. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. In some cases I receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also provide analysis and charts for David Stockman's Contra Corner which I developed for Mr. Stockman. I’ve had a wide variety of finance related jobs in the past 44 years, including a stint on Wall Street in both analytical and sales capacities. Prior to starting the Wall Street Examiner I worked as a commercial real estate appraiser in Florida for 15 years. I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. My perspective is not of the Ivory Tower. It is from having my boots on the ground and in the trenches of the industries that I analyze and write about today. 

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