The 3.1‑bp tail on the 5.033% auction is striking—did you notice how the foreign accounts’ share dropped from 65% to 54.3%, and what do you think that signals about their appetite for Treasury debt? 🔍📈💬
The 3.1‑bp tail on the 5.033% auction is striking—did you notice how the foreign accounts’ share dropped from 65% to 54.3%, and what do you think that signals about their appetite for Treasury debt? 🔍📈💬