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Well we also auctioned off 240 billion dollars or so last week, which is an insane amount. A lot of what I have seen is that levels such as this are unsustainable, but levels like that do not happen weekly.Also, I think that the rising interest rates in auctions are not a bad thing persay. It could just be a sign of demand coming back as banks move cash they have been sitting on into the market for investment.
Well we also auctioned off 240 billion dollars or so last week, which is an insane amount. A lot of what I have seen is that levels such as this are unsustainable, but levels like that do not happen weekly.
Also, I think that the rising interest rates in auctions are not a bad thing persay. It could just be a sign of demand coming back as banks move cash they have been sitting on into the market for investment.