Markets - Market News
Treasury 4-Weeks Auctioned at 0.115% High Yield
Wednesday, February 20, 2013
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The Treasury Department Wednesday auctioned $45 billion of four-week bills at a 0.115% high yield, a price of 99.991056.

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A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.

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