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The Treasury sells $21B in reopened 10-year notes at 1.622%, a record auction low. Bid-to-cover...

  • Wednesday, June 13, 2012, 1:06 PM ET
    The Treasury sells $21B in reopened 10-year notes at 1.622%, a record auction low. Bid-to-cover ratio of 3.06, vs. a recent average of 3.07; indirect bidders take 42%. Direct bidders take 21%.
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This news story has 3 comments:

  •  
    Can you say.....DEFLATION !
    13 Jun 2012, 01:10 PM Reply Like
  •  
    But the QE's..they were going to cause inflation,,,right???
    13 Jun 2012, 04:53 PM Reply Like
  •  
    Not in this environment where you can't force people to spend if their life depends on it. We have falling wages (median) and increasing prices. Makes it hard for demand to grow. It's the classic "push on a string". That's why I would support a well - and I mean VERY well - conceived government spending program with a high potential for generating ROI. I personally favor - building a couple hundred nuke power plants and about 50 million electric vehicles.
    13 Jun 2012, 06:08 PM Reply Like
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