Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Freedom Bunker
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

3Y Auction Tails Despite Crashing Stocks

% of readers think this story is Fact. Add your two cents.


3Y Auction Tails Despite Crashing Stocks

In a week when everyone is allegedly scrambling for the “safety” of bonds with stocks crashing at the fastest rate since the covid collapse, one would think that demand for the week’s first coupon auction wouldbe off the charts. One would be wrong. Moments ago the Treasury sold $58 billion in 3Y paper in a tailing, subpar auction.

The auction priced at a high yield of 3.908% , down sharply from 4.300% in February and the lowest since October; it tailed the When Issued 3.902% by 0.6bps, the 5th tail in the past 6 auctions.

The bid to cover was 2.70, down from 2.79 but above the 2.62 recent average.

The internals were soggier with Indirects sliding from 74.0% to 62.5%, the lowest since January and below the 67.5 recent average. And with Directs awarded a whopping 26%, which was the second highest on record and only February 2013 saw higher Directs, Dealers were left holding just 11.5%, above last month’s near record low 10.2% but well below the recent average of 15.7%.

Overall, this was a subpar auction and while not terrible one would expect a far stronger showing at a time when everyone is – reportedly – piling into Bills and the short-end of the curve as protection from the ongoing collapse in risk. Which then begs the question: what is everyone doing with all that excess cash they just got from nuking their deep underwater momentum stonks…

Tyler Durden Tue, 03/11/2025 – 13:26


Source: https://freedombunker.com/2025/03/11/3y-auction-tails-despite-crashing-stocks/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.