U.S. Treasury auctions off $39 billion of 10 year notes at a high yield of 4.362%

Forex Short News
  • High-yield 4.362%
  • WI level at the time of the auction 4.365%
  • Bid to cover 2.61X versus six month average of 2.56X
  • Tail -0.3 basis points basis points versus six month average of -0.7 basis points
  • Directs (domestic buyers) 23.7% vs six month average of 16.3%
  • Indirects (international buyers) 65.4% vs six month average of 71.7%
  • Dealers 10.87% vs six month average of 12.0%

This article was written by Greg Michalowski at www.forexlive.com.