Despite Ugly, Tailing 5Y Auction, 2s5s Curve Inverts
• https://www.zerohedge.com by Tyler DurdenAfter a slightly tailing 2Y auction priced earlier today as yields tumbled across the curve, the lack of motivated auction buyers was that much more on display moments ago when the Fed sold $41BN in 5Y paper, at a high yield of 1.448%, ....
