- Prior was 5.046%
- Six public sale common of 4.835%
- Bid to cowl vs 2.30x prior
The public sale previous to this one tailed by 0.5 bps. It is a reopening so it is 29 years, 11-months, not 30 years.
The 1.2 bps tail is a nasty check in a world the place congress is debating much more spending and megacap tech corporations are operating out of money to burn on AI capex.
This text was written by Adam Button at investinglive.com.
