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US treasury auctions off $21 billion of 30 year bonds at a high yield of 3.741%

US treasury auctions off $21 billion of 30 year bonds at a high yield of 3.741%
High yield of 3.741%WI level at the time of the auction 3.756%Bid to cover 2.43X times ersus 2.35X six-month averageTail -1.5 basis points versus six-month average of +0.2 basis pointsDirects 17.36% versus six-month average of 19.7%Indirects 72.43% versus six-month average of 68.5%Dealers 10.21% versus six-month average of 11.7%The 30 year bond auction was met with strong demand from international investors. Domestic buyers were less than the six-month average. Nevertheless the strong internati... Read More
Posted: May 11 2023, 17:04
Author Name: forexlive
Views: 081737

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