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Thursday, November 13 2008 2:35 PM
  • The Treasury's $10B 30-year bond sale draws a yield of just 4.31% - the lowest ever - as buyers show little interest. Indirect bidders, including foreign central banks, bought 18% of the offer, down from 43% at the last sale.

This news story has 1 comment:

  •  
    Nov 13 02:53 PM
    Low yield means high demand. If buyers really had little interest, the bond prices would be lower, driving the yields higher. Time to review your bond basics.
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