Market Cheers After Solid 3Y Auction Averts Another Bond Disaster
March 09, 2021 at 15:00 PM EST
The 3Y auction priced at 0.355%, which while well above last month's 0.19%, was solidly, or 0.4bps, below the 0.359% When Issued, a far cry from the massive tail in the latest 7Y auction.
