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Solid 20Y Auction Stops Through With Above Average Foreign Demand
Solid 20Y Auction Stops Through With Above Average Foreign Demand
The week's lone coupon auction priced at 1pm when the Treasury sold $13 BN in 20Y paper, in a solid if not stellar auction.
The auction stopped at a high yield of 4.883%, up from 4.817% in March and the highest since last July. It also stopped through the 4.892% When Issued by 0.9bps, the highest since January.
The bid to cover was 2.68, down from 2.76 in March but above the 2.63 six-auction average.
The internals were also solid with Indirects taking...
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More Young Men Than Young Women Now Say Religion Is 'Very Important' To Them, Gallup Finds
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Authored by Mark A. Kellner via The Epoch Times (emphasis ours),
Young men in the United States are more religious than young women for the first time in 25 years, according to a Gallup poll released on Thursday.
A man reads scripture while viewing the casket of Reverend Billy Graham in the U.S. Capitol Rotunda in Washington, DC, on Feb. 28, 2018. Alex Edelman/AFP via Getty Images
The data show that 42 percent of men aged 18...
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