RSS US sells 10-year notes at 4.235% as it stops through by 1.6 basis points

Currently reading:
 RSS US sells 10-year notes at 4.235% as it stops through by 1.6 basis points

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
6,211
Likes
1,916
Credits
32,784©
Cash
0$
The $39 billion reopening of 10-year notes was a strong one today, stopping through by 1.6 bps. The bid to cover was 2.7x vs 2.54x on average in the past 10 sales.

Direct bids were high at 19.5% compared to 15% on average while the dealer bid was light.

Yields and the US dollar ticked lower afterwards but the reaction has been smaller than you would expect.

This article was written by Adam Button at www.forexlive.com.
 
Status
Not open for further replies.
Tips
Top Bottom