Perli, Open Markets Account Manager at the Federal Reserve System in New York: In a time of great uncertainty, it is not surprising to see “tail” (the spread between the winning bid rate and the secondary market rate) in Treasury auctions.

2026-03-27

Perli, Open Markets Account Manager at the Federal Reserve System in New York: In a time of great uncertainty, it is not surprising to see “tail” (the spread between the winning bid rate and the secondary market rate) in Treasury auctions.