I can’t believe that with $1.75 trillion in the bank, the US Treasury continues to sell paper to raise cash. WTF is going on with those people?
CUSIP: 912810SP4Term and Type: 29-Year 10-Month BondSeries: Bonds of August 2050Reopening: YesInterest Rate: 1.375%High Yield: 1.578%Price: $95.183187Allotted at High: 18.34%Total Tendered: $53,262,282,500Total Accepted: $23,643,373,500Auction Date: 10…
CUSIP: 91282CAE1Term and Type: 9-Year 10-Month NoteSeries: E-2030Reopening: YesInterest Rate: 0.625%High Yield: 0.765%Price: $98.675865Allotted at High: 75.60%Total Tendered: $87,593,836,800Total Accepted: $35,979,108,800Auction Date: 10/07/2020Issue D…
A $13.6 billion TIPS issue. Here’s how it went.
Term and Type: 19-Year 11-Month Bond
High Yield: 1.213%
Term and Type: 29-Year 11-Month Bond
High Yield: 1.473%
Term and Type: 9-Year 11-Month Note
High Yield: 0.704%
30 Year Tips Auction Results
Another weak one.