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U.K. bond-market chaos disrupts Treasury debt auctions as volatility bleeds across borders

Por: MarketWatch Business September 28, 2022

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Bidding by pension funds, central banks and other investors was notably tepid, leaving Treasury dealers to take home more than 22% of the issuance, compared with an average of 18.6% over the past six auctions, according to an analysis from BMO Capital Markets. And the weakness didn’t end with the 2-year auction. One day later, demand during an auction of $44 billion in five-year Treasury notes was even weaker, as the bonds were ultimately sold... + full article



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