Results of the $24 billion reopening sale

  • Prior was 2.172%
  • Bid to cover at 2.19 vs 2.29 prior

That's a huge tail in a 30-year sale. Suddenly no one wants bonds.

US 30 year bond yields

USD/JPY has climbed further on this and testing 110.50 after falling as low as 110.30 in the post-CPI slump.