Will long-dated treasuries entice investors?
Auctions of huge amounts of Treasuries are about to deliver a major test of investor demand and determine whether a sell-off continues.
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Auctions of huge amounts of Treasuries are about to deliver a major test of investor demand and determine whether a sell-off continues.
(Bloomberg) -- Bulging sales of US Treasuries are about to deliver a major test of investor demand and determine whether a selloff has room to run, as the market braces for the biggest round of refunding auctions since last year.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksThe Global South Breaks Away From the US-Led World OrderWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionChina’s Trad
A US default threatens to spur big moves around the globe and bring a possible recession as well as a reassessment of the Federal Reserve monetary policy.