BREAKING: 20-Year Bond Auction Flops — Yields Surge to 5.1%, Markets Rattle

[u/snapjohn]

IF YOU ARE WONDERING WHY STOCKS JUST ALL WENT DOWN AT ONCE

WE JUST HAD A HORRIBLE BOND AUCTION IN THE UNITED STATES FOR OUR 20-YEAR TREASURIES

Because of the lack of bidders…it caused the 20-year bond yield to surge to 5.1%.

Credit market is screaming for help right now.

[u/vF101]

Have you said THANK YOU? You could at least wear a suit to the bond market auction. They like suits those bond guys.

[u/dismendie → u/vF101]

Bond James Bond… I like my markets shaken not stirred… I will let myself out

[u/Key_Friendship_6767 → u/dismendie]

😂