It's a fairly robust auction. The 46-odd percent is significantly more robust than average participation rate for last three three-year note auctions. Clearly, this continues to indicate there is fairly good overseas investor participation. Gemma Wright
Motivational, Inspirational, Funny Quotes
![The change in the balance of risks keeps the market focused on conditions in the corporate bond market and on the next [Institute for Supply Management] report, retail sales and employment reports. We think if there's any severe weakness in any of those reports, the Fed will lower interest rates at the Sept. 24 meeting. - Gemma Wright Quotes](/pic/img/img.php?text=VGhlIGNoYW5nZSBpbiB0aGUgYmFsYW5jZSBvZiByaXNrcyBrZWVwcyB0aGUgbWFya2V0IGZvY3VzZWQgb24gY29uZGl0aW9ucyBpbiB0aGUgY29ycG9yYXRlIGJvbmQgbWFya2V0IGFuZCBvbiB0aGUgbmV4dCBbSW5zdGl0dXRlIGZvciBTdXBwbHkgTWFuYWdlbWVudF0gcmVwb3J0LCByZXRhaWwgc2FsZXMgYW5kIGVtcGxveW1lbnQgcmVwb3J0cy4gV2UgdGhpbmsgaWYgdGhlcmUncyBhbnkgc2V2ZXJlIHdlYWtuZXNzIGluIGFueSBvZiB0aG9zZSByZXBvcnRzLCB0aGUgRmVkIHdpbGwgbG93ZXIgaW50ZXJlc3QgcmF0ZXMgYXQgdGhlIFNlcHQuIDI0IG1lZXRpbmcuIA==&author=ICBHZW1tYSBXcmlnaHQgICAg&num=7 "The change in the balance of risks keeps the market focused on conditions in the corporate bond market and on the next [Institute for Supply Management] report, retail sales and employment reports. We think if there's any severe weakness in any of those reports, the Fed will lower interest rates at the Sept. 24 meeting. - Gemma Wright Quotes")
