Summary
- The real yield of 0.910% was the second highest of this term through 43 auctions since May 2011.
- The inflation breakeven rate came in at 2.15%, on the higher end of recent auctions, but still acceptably in the “neutral zone.”
- Investors got an attractive yield, a good coupon rate of 0.750%, and a decent price versus nominal Treasurys.
Real my full analysis on SeekingAlpha.com
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