Question: Here is a quote from an article, Suppose extra heavy Treasury issuance and slack demand in the 5-year sector force that yield to rise at
Here is a quote from an article, "Suppose extra heavy Treasury issuance and slack demand in the 5-year sector force that yield to rise at a time when yields are generally falling." Why would yields rise due to slack demand and extra issuance? Talk about the relationship between price and yields here.
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