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US treasury is auction of $43 million and 5 year notes at the top of the hour

US treasury is auction of $43 million and 5 year notes at the top of the hour

The US treasury will next auction off $42 billion and 5 notes and 1 PM ET. The 6 month averages of the major components shows:

  • tail tail +0.7 basis points
  • bid to cover 2.35X
  • directs 18.2%
  • indirects 62.4%
  • dealers 19.4%

The last auction 5 year notes came in at 4.192% with a tail of -1.8 basis points. The current 5 year yield is at 4.0%

This article was written by Greg Michalowski at forexlive.com... Read More
Posted: Nov 21 2022, 17:41
Author Name: forexlive
Views: 102566

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