Woeful 3 Year Auction: Tailing Yield, Plunging Bid To Cover, Sliding Indirects
• zerohedge.comOne would imagine that in a market as skittish for risk as this one, that selling $24 billion in 3 Year paper would be if not as easy as pie, then as simple as last month's issuance, when not a cloud was visible when the Treasury sold 3 Year paper.
