Wednesday, June 24, 2009

Yesterday's Two Year Treasury Auction Is Now A Loss For Participants

So much for the "wildly successful" 2 Yr UST auction yesterday. If you bought in: congrats - you are now under water. Looks like the 2007 special Goldman 8x leveraged HY bond issue "flip 'em" game has now moved to front end Treasuries.

Sphere: Related Content
Print this post
blog comments powered by Disqus