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U.S. Treasury auctions of $18 billion of 30 year bonds at a high yield of 3.585%

U.S. Treasury auctions of $18 billion of 30 year bonds at a high yield of 3.585%
  • High-yield 3.585%
  • WI level at the time of the auction 3.609%
  • Tail -2.4 bps vs six-month average of -0.2 basis points
  • Bid to cover 2.45X versus six-month average of 2.37X
  • Directs (measure of domestic demand) 16.33% vs. six-month average of 19.0%
  • Indirects (measure of international demand) 74.63% versus six-month average of 69.4%
  • Dealers 9.04% versus six-month average of 11.6%

For the third auction in a row this week, the internat... Read More

Posted: Jan 12 2023, 18:03
Author Name: forexlive
Views: 110719

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