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US treasury auctions $42B of two-year notes at a high yield of 4.67%

High-yield 4.67%WI level at the time of the auction 4.678%Bid-to-Cover 2.86X versus 6 month average of 2.71xTail -0.8 bps versus a 6 month average of -0.2bpsDirects (a measure of domestic demand) 18.2% versus 6 month average of 20.0%Indirect (a measure of domestic demand) 68.5% versus 6 month average of 61.9%Dealers:( dealers take the rest) 13.3% versus a 6 month average of 18.1%)Strong international demand. This article was written by Greg Michalowski at www.forexlive.com... Read More

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Content Topics

Treasury

Auctions

42b

Two

Year

Notes

High

Yield

67 Two year

Forex

Posted: Jun 26 2023, 17:02

Author Name: forexlive

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