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The U.S. Treasury will auction off $18 billion of 30 year bonds at the top of the hour
The U.S. Treasury will complete their auction cycle for the week by selling $18 billion or 30 year bonds at the top of the hour. The treasury auctioned off three or notes on Tuesday and 10 year notes yesterday. The 3 year note was met with decent demand. The 10 year note did showed tepid demand from investors.
The six-month averages of the key components for the 30 year bond auctions shows:
- Bid to cover 2.36X
- Tail +0.1 basis points
- Directs (a measure of domest... Read More
Posted: Mar 9 2023, 17:40
Author Name: forexlive
Views: 110699