Your gateway to a free society
Article
Dismal, Tailing 10Y Auction Sees Lowest Foreign Demand Since Jan 2025 As Yields Soar
Dismal, Tailing 10Y Auction Sees Lowest Foreign Demand Since Jan 2025 As Yields Soar
With 30Y yields trading on the wrong side of 5% today, all eyes were on today's 10Y refunding auction to see if it would be ugly enough to push yields to 4.50% or higher. Here is what happened.
Just after 1pm, the Treasury announced that the high yield on today's sale of $42 billion in 10Y paper was 4.468%, the highest yield since Jan 2025, and a 0.4bps tail to the When Issued 4.464%, the 4th consecutive...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Apr 22, 2026 / Tyler Durden
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...
Read more
Apr 27, 2026 / Patrick J. Lee
When a Chicken Isn’t Just a Chicken
We are reminded time and again that prices emerge from subjective valuation, not objective criteria.
Read more
Apr 20, 2026 / Dave DeCamp
Trump Defends Iran War in Series of Posts on Truth Social
President Trump on Monday issued a series of posts on his Truth Social account defending his war with Iran and a potential diplomatic deal that he may reach with Tehran, though the state of the negotiations remains unclear. The president started with a post where he said that the state of Israel didn’t talk him […]
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?