Perli, Open Markets Account Manager at the Federal Reserve System in New York: In a time of great uncertainty, it is not surprising to see “tail” (the spread between the winning bid rate and the secondary market rate) in Treasury auctions.
2026-03-27
Perli, Open Markets Account Manager at the Federal Reserve System in New York: In a time of great uncertainty, it is not surprising to see “tail” (the spread between the winning bid rate and the secondary market rate) in Treasury auctions.