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US treasury to auction off $48 billion of two-year notes at the top of the hour

The U.S. Treasury will auction off $48 billion of two-year notes at the top of the hour. Some of the key components six-month averages are below:High Yield: The prior auction came in at 5.024% with a six-auction average of 5.085%.Tail: Tail last was at -0.4bps with a six-auction average of -0.1bps.Bid-to-Cover: The bid to cover was previously at 2.94x with a six-auction average of 3.13x.Dealers: The dealer participation was previously at 15.0% with a six-auction average of 16.7%.Directs: The le...
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Posted: Sep 26 2023, 16:56
Author Name: forexlive
Views: 090877