Intraday Update – Solid 20Y TSY auction Provides Stocks Intraday Support

2:20 p.m. ET Last Thursday a dismal 30-year UST auction (3rd in as many days) sent yields soaring and stocks plummeting. At 1 p.m. ET this afternoon the Treasury released the results of a 20-year auction, which in stark contrast to last week’s 3y/10/30y auctions, came in very strong. 10 and 30-year yields came down…