FYI: It’s three for three.
A $28 billion sale of seven-year Treasury notes this afternoon wrapped up a strong week of U.S. government debt sales. Sales of two-year and five-year notes in the previous two days also drew solid demand from investors at home and abroad.
The results suggest the bond market may have adjusted to the possibility of a rate increase by the Federal Reserve this summer.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2016/05/26/bond-markets-are-coming-around-to-the-idea-of-a-rate-hike/
