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MS / Treasury's $13 billion auction of 20-year bonds seen as test of demand

Treasury's $13 billion auction of 20-year bonds seen as test of demand
Treasury's $13 billion auction of 20-year government bonds on Wednesday is being viewed as a test of demand for long-dated Treasurys, with the potential to either lessen or exacerbate the selloff being seen during the New York session.The selloff pushed the 30-year Treasury yield BX:TMUBMUSD30Y past 5% during Wednesday morning trading and on its way to the highest close since Aug. 15, 2007. The benchmark 10-year yield BX:TMUBMUSD10Y also jumped to 4.9%, while its 20-year counterpart rose to around 5.2%. Read More
Posted: Oct 18 2023, 11:50
Author Name: Market Watch
Views: 112542

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By Seeking Alpha
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Morgan Stanley: Grab A 6.5% Dividend Yield From Preferred Shares

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By Bloomberg Markets and Finance
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By New York Post
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By Market Watch
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Morgan Stanley's James Gorman Picked a Good Time to Leave

By WSJ
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The CEO built the right bank for the years of low rates. How will his successor cope with the potential end of that era? more_horizontal

Morgan Stanley's Shalett Says, ‘This Is a Trader's Market'

By Bloomberg Markets and Finance
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Morgan Stanley's Shalett Says, ‘This Is a Trader's Market'

Lisa Shalett, CIO at Morgan Stanley Wealth Management, expects stocks to continue to trade “in this bear market range” until the middle of next ye more_horizontal


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