Foreign Buyers Took 80% of the Treasury's $39 Billion Auction

Foreign Buyers Took 80% of the Treasury's $39 Billion Auction

A record-breaking Treasury auction just flipped the usual script on who actually wants to own U.S. debt, and the answer points to something unusual happening at the long end of the yield curve.

Thoughts on the 10-Year Treasury Auction’s 5.30% Yield, Highest since 2000: It Created Demand, Bond Bloodbath Continued

The bond market is coming out from under 14 years of interest rate repression and is doing its thing, the way it is supposed to. And that’s what Warsh wants it to do.

Did Bessent Call In Favor? Stellar 10Y Auction Prices At Highest Yield Since 2000 On Near Record Foreign Demand

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

$39B 10-Year Auction Clears at Highest Yield Since 2000 on Near-Record Foreign Demand

The U.S. Treasury sold $39 billion in 10-year notes on October 7 at a 5.300% yield, the highest since November 2000, with foreign indirect bidders taking a near-record 80.3% share and primary dealers absorbing just 2.5%, their lowest take on record for this tenor.