Treasury doubles long-bond buybacks, knocking 30-year yield lower
Why it matters: The move hit the dollar and briefly pulled 30-year yields down about 10 basis points from their highest level since 2007.
Bloomberg, The New York Times +1
Subject
#Bond Market
India private banks ride 15%-41% corporate loan growth in Q1
Why it matters: Higher bond yields are pushing companies toward bank loans, lifting credit growth to a two-year high of 18.6% by late June.
Tencent bond sale draws $16 billion in orders for $4 billion deal
What's new: Demand ran about four times the planned size, letting Tencent tighten pricing on its offshore yuan notes.