The Treasury Department auctioned $24 billion of 9-year 11-month notes with a 1 5/8% coupon at a 1.652% high yield, a price of 99.753105.
Treasury 10-Year Notes Go At 1.652% High Yield
DEC 12, 2012 11:31am ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY