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Tailing 30Y Auction Prices At Highest Yield In 25 Years
Tailing 30Y Auction Prices At Highest Yield In 25 Years
After yesterday's ugly 10Y auction, moments ago we got the last of the week's refunding auctions, when the Treasury sold $25BN in 30Y paper (the same paper that has seen yield shoot up in the past week, ever since Warsh's most recent FOMC meeting in which he left the long-end hang out to dry), and just like the 10Y auction before it, this one was also rather deplorable.
Pricing at a high yield of 5.216%, the auction tailed the When Issued...
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DOJ Sues University Of Delaware: Illegal Aliens Get In-State Tuition, Out-Of-State Americans Pay 2.7x More
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The Justice Department has sued the University of Delaware, alleging the school "grants in-state tuition for illegal aliens while denying reduced tuition to U.S. citizens."
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