US sells 20-year bonds 4.818% vs 4.843% WI ...Middle East

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US sells 20-year bonds 4.818% vs 4.843% WI
This is a nice 3 bps stop through, which should help today's momentum in the bond market. It's a quirky spot in the curve and a smaller auction size. Those things hint that oversupply is a problem at other tenors but it could just be the broad strength in fixed income today as oil prices fall.Bid to cover 2.82 vs 2.79 prior This article was written by Adam Button at www.forexlive.com.

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