U.S. Treasury auctions all $22 billion of 30 12 months bonds at a high-yield of 4.671%


  • Excessive yield: 4.671%
  • WI stage on the time of the public sale: 4.661%
  • Tail: 1.0 foundation factors vs. 6-month common of 0.8 foundation factors
  • Bid to cowl: 2.37X vs 6-month common of two.38X
  • Sellers:17.34% vs 6-month common 16.7%
  • Directs: 18.28% vs 6-month common of 16.4%
  • Indirects: 64.38% vs 6-month common of 66.9%

AUCTION GRADE:

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



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