Nearly $7 billion of new deals, dominated by a $5 billion California note offering, slammed into the market yesterday, knocking long bond prices down.
The intermediate and short end of the curve, however, withstood the onslaught and remained firm.
Limited Time Offer
Save $400 off your subscription. Special offer ends April 30, 2017.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In