The US 20-year Treasury auction closed at a yield of 5.204%, just inside the October 2023 record of 5.245%, after Treasury buybacks sent 20Y yields down ~8 bps, preventing what would have been a record high yield.
ZeroHedge08/20, 12:42 AM
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The when-issued 20-year US Treasury yield stood at 5.460% ahead of a $13 billion auction.