Bond Market Begins To Panic: 4-Week Auction Bids Plunge To 2006 Level

by Tyler Durden
ZeroHedge.com
10/20/2015

Less than two weeks ago, when previewing the upcoming debt ceiling battle which is shaping up to be far more contentiously than most expected, we said to “keep an eye on T-Bill yields for the turning point when the market decides this situation is becoming serious.” And while things turned “serious” yesterday, moments ago the bond market officially entered into “panic” territory.

The Rest…HERE

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