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Treasury Bond Auction Disaster Sparks Yield Surge, Sends Shockwaves Through Markets!

Treasury Bond Auction Disaster Sparks Yield Surge, Sends Shockwaves Through Markets!  Despite hopeful predictions, particularly from Bloomberg's Markets Live blog, that today's 20-year bond auction would perform well, the Treasury's sale of these bonds produced disappointing results.  The yield of 4.595% exceeded last month's 4.423% and s...

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