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iShares 20+ Year Treasury Bond Message Board

  • pupu0495 pupu0495 Feb 6, 2013 10:24 AM Flag

    this cant be good, gov selling float rate note, oh boy...

    "The department also said it plans to introduce a new security - floating-rate notes - within the next year. This would be the first new U.S. government debt security since 1997.

    The comments came as the Treasury announced it would sell $72 billion in notes and bonds next week in its quarterly refunding auctions. Treasury has held the quarterly refunding size steady for the last two years. "

    Sentiment: Strong Sell

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131.50-2.22(-1.66%)Feb 12 4:00 PMEST