“It Blows My Mind”: 100-Year Austrian Bond With Record Duration 3x Oversubscribed

“It Blows My Mind”: 100-Year Austrian Bond With Record Duration 3x Oversubscribed:

“This new 100 year will be the most price-sensitive bond that exists. In any currency. A one basis-point change in yield will move the price of this Austria 2117 issue by 43 cents, or 0.43 percent.”

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