The 30 Year T-Bond Auction - 1/10/19....Ouch!

Offering Announcement:

https://www.treasurydirect.gov/instit/annceresult/press/preanre/2019/A_20190103_5.pdf

Auction Results:

https://www.treasurydirect.gov/instit/annceresult/press/preanre/2019/R_20190110_3.pdf

Uncle Sam:

Bankers/Dealers:

Uncle Sam:

Bankers/Dealers:

Uncle Sam:

Bankers/Dealers:

Saudi Banker - Representative from JPM:

Chinese Banker - Representative from NYB/Mellon:

with certainty

Yield Curves - Today vs. the Last Three Recessions....





Daily Treasury Yields - Treasury.gov

https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yieldYear&year=2019

Solid RED

Dashed RED

Dashed GREEN

My Little Cheat Sheet...





exactly

What the 30 Year Auction told us today......

So....Why is the Stock Market Selling Off? and why will the Sell Off continue?

@ CoryLVenable

Advice....

Hint:

RED BAR

GREEN BAR

Finally, I know exactly what you are about to ask......

when

Additional References

https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yieldYear&year=2019



