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Treasury Auction Goes Poorly
1 year ago
22
Finance & Crypto
politics
economics
economy
USA
United States
Treasury
bond
auction
Russell Meyers
Independent
On Thursday, the US Treasury bond auction went very poorly.
Not enough buyers. Primary dealers (large banks) had to buy 25% of bonds.
This forced yield higher.
The implications are dark and affect all of us.
Follow my campaign here: https://rmeyers2024.com/
If you can afford it, please donate whatever you can to help expand this campaign. https://www.paypal.com/paypalme/IssuesUnite
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