The amount of return on an investment in a Treasury security.
After the deal is done, they go back to buy Treasury securities.
In either case, the return is far higher than Treasury securities.
The prices of other Treasury securities were also off on the day.
The rate on 30-year Treasury securities went below 8 percent for the first time in more than two years.
Prices of Treasury securities moved higher and interest rates fell again.
Prices of Treasury securities rose and interest rates moved lower.
The government is also likely to buy back more outstanding Treasury securities.
Indeed, market interest rates on most Treasury securities fell a bit yesterday.
Treasury securities fell in price as the market paid no attention to economic data that usually support prices.