Intraday Update

1:53 p.m. ET Yields dropped in the wake of the 1 p.m. 30-year Treasury auction, 10-year yield (10m) and the wake of the auction highlighted in red. It wasn’t a huge move lower for yields. The 2-yr is down -1bp, the 10-year -3bp and 30-yr down just shy of down -1 bp. Still, we got…