MARKETS

Today’s sale of $45 billion in 2Y government paper stopped at a high yield of 5.024%, the first auction pricing north of 5% since July 2006.
#InterestRates

#interestRates #Fed – from the…

#interestRates #Fed – from the horse’s mouth
https://www.stlouisfed.org/on-the-economy/2016/may/negative-interest-rates-tax-sheep-clothing