Blistering Demand In 20Y Treasury Auction; Stops Through By 1.5bps
June 17, 2020 at 15:45 PM EDT
One month after the first 20Y auction in 34 years, priced at a yield of 1.22% amid surprisingly strong demand, the Treasury sold its second batch of the recently restarted 20Y Treasury in the form of a $17 billion reopening of the original cusip.
