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US treasury auctions of $35 billion of 7 year notes at a high yield of 3.827%
High-yield of 3.827%WI level at the time of the auction 3.835%Bid to cover 2.61X versus six-month average of 2.46XTail -0.8 basis points versus six-month average of +0.9 basis pointsDirects (a measure of domestic demand) 17.3% versus six-month average of 18.8%Indirects (a measure of international demand) 72.3% versus six-month average of 66.6%Dealers (they take the rest) 10.4% versus six-month average of 14.5%Auction Grade: AHighlights once again center on the strong demand from international pl...
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Posted: May 25 2023, 17:02
Author Name: forexlive
Views: 081447