Thread: Quote error

Results 1 to 4 of 4
  1. #1
    Member
    Join Date
    Sep 2006
    Location
    Harrisburg, PA
    Posts
    4,552

    Quote error

    I noticed this quote for the 3 year note on the WSJ website today.



    This is impossible since yields and price are inversely related and move in different directions. Would this have something to do with the auction yesterday?
    2006 Triton TR196 w/ 200 Optimax \ 2021 AlumaRyder 1860 w/ 200 Rotax

  2. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    12,173
    #2
    Maybe a timing issue of when price vs yield is posted
    Thanos was the hero

  3. Member
    Join Date
    Sep 2006
    Location
    Harrisburg, PA
    Posts
    4,552
    #3
    Quote Originally Posted by boneil View Post
    Maybe a timing issue of when price vs yield is posted
    Price determines yield based on the coupon. The only possibility that I can think of is that the system is confused because of yesterday’s auction.
    2006 Triton TR196 w/ 200 Optimax \ 2021 AlumaRyder 1860 w/ 200 Rotax

  4. Member
    Join Date
    Sep 2006
    Location
    Harrisburg, PA
    Posts
    4,552
    #4
    Back to normal today:

    2006 Triton TR196 w/ 200 Optimax \ 2021 AlumaRyder 1860 w/ 200 Rotax