Markets - Market News
Treasury 5-Year TIPs Go At Negative 1.496% High Yield
Thursday, December 20, 2012
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The Treasury Department Thursday auctioned $14 billion of four-year four-month inflation-indexed notes with a 0.125% coupon, a negative 1.496% high yield, an adjusted price of 109.1835073.

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Lessons from litigation over interest rate derivatives may come into sharp focus as the time for Lehman to bring claims against counterparties who terminated derivative instruments shortly after its bankruptcy filing will expire.

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