The QEnundrum

By |2021-04-21T19:08:08-04:00April 21st, 2021|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The US Treasury Department announced today that it has completed an auction of 20-year bonds. Quite unlike the one 7s auction – you know, that one – this particular bond sale was positively uninteresting. Like all the rest of the bills, notes, and bonds since February 25, there an overwhelming number of bank dealers and other participants some of whom [...]