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U.S. Treasury auctions off $40 billion of 10 year notes at a high yield of 3.695%
High-yield 3.695%WI level 3.723%Tail -2.8 basis points versus six-month average of -0.1%Bid to cover 2.93X versus six-month average of 2.60XDirects 13.66% versus six-month average of 18.9%Indirects 73.35% versus six-month average of 62.7%Dealers 12.99% versus six-month average of 18.4%Highlights:The 3 year note auction was met with very strong international demand. Domestic demand was actually less than the six-month average. The combination left the dealers with much less than the average o...
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Posted: May 9 2023, 17:03
Author Name: forexlive
Views: 081713