November 26th, 2013 2:47 pm | by John Jansen |

The 5 year/10 year spread has resteepened and is just about flat on the day after being about 1 basis point narrower. Similarly, the 5s 30s spread which was about a basis point narrower is a tad wider on the day at 248.5. The 5s 10s 30s fly traded inside of 29 earlier and is now cheaper on the day at 30.3. So a powerful move for 5s post the auction. On this one the dealer community shot the taxpayers in the metaphorical big toe.

Be Sociable, Share!

Sorry, comments for this entry are closed at this time.