Treasurys Sell Off After Ugly, Tailing 10Y Auction Despite Record Specialness In Repo
December 11, 2017 at 14:01 PM EST
If the 3Y TSY auction which priced earlier was stellar, outperforming historical averages on every metric, then the just concluded 9-year, 11-month reopening of CUSIP 3F5 was mediocre at best.