Don’t fall for the line that extending current tax law is to blame.

Market participants across asset classes were responding "very negatively" to a poor Treasury auction on Wednesday, said Deutsche Bank researcher George Saravelos, who broke down some of his ...

Wednesday afternoon's sale of $16 billion in 20-year Treasury bonds produced below-average bidding by non-dealers. The auction was "lackluster" with a tail of 1.1 basis point and non-dealer bidding of ...