US sells 10-year notes at 1.739% vs 1.740% WI bid

Author: Adam Button | Category: News

Results of the $24 billion reopening

  • The notes were trading at 1.740/1.730% on the bid/ask in the when issued market
  • Prior sale was 1.670%
  • Bid-to-cover at 2.46 vs 2.20 -- highest since June
This was very close to expectations. The bond market has been stable today after weeks of turmoil so that likely helped out bidders.
ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose