#Latest news with #BondAuctionBloomberg12 hours agoBusinessBloomberg‘Most Unloved Bonds' Turn Routine US Auction Into Crucial TestGlobal investor pushback against long-term government debt is turning what normally would be a routine US bond auction into one of the most anticipated events on Wall Street this week. The Treasury is set to sell $22 billion of 30-year government bonds on Thursday, part of its regularly scheduled borrowings. The results, though, will receive special attention because they will offer an instant readout on the scope of market demand at a time when investor appetite for 30-year US debt has soured.
Bloomberg12 hours agoBusinessBloomberg‘Most Unloved Bonds' Turn Routine US Auction Into Crucial TestGlobal investor pushback against long-term government debt is turning what normally would be a routine US bond auction into one of the most anticipated events on Wall Street this week. The Treasury is set to sell $22 billion of 30-year government bonds on Thursday, part of its regularly scheduled borrowings. The results, though, will receive special attention because they will offer an instant readout on the scope of market demand at a time when investor appetite for 30-year US debt has soured.