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US treasury auctions off $32 billion of 10 year note at a high yield of 3.985%
The U.S. Treasury auctioned off $32 billion of 10 year notes:
- high yield 3.985%
- WI level at the time of the auction 3.958%
- Tail 2.7 bps versus a six month average of 1.3 basis point
- Bid to cover 2.35X versus a six month average of 2.41X
- Directs 19.98% versus a six month average of 18.5%
- Indirects 62.29% versus segment average of 63.8
- Dealers 17.73% versus six month average of 17.7%
Overall the auction was a sloppy. There... Read More
Posted: Mar 8 2023, 18:04
Author Name: forexlive
Views: 082154
