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US treasury to auction off $42B of 2 year notes at the bottom of the hour
The US treasury will be auctioning off two-year notes at the bottom of the hour. They also auction with a 5 year notes at 1 PM ET.
The six-month averages for the major components shows:
- Tail +0.5 basis points
- bid to cover 2.55X
- Directs 22.5%
- Indirects 56.6%
- Dealers 21%
The high yield last month came in at 4.46%. The current 2 year note yield is 4.533%.
This article was written by Greg Michalowski at forexlive.co... Read More Posted: Nov 21 2022, 16:14
Author Name: forexlive
Views: 102558