The bid to cover ratio equals 2.11 versus 2.44 previous

  • US awards 33.1% to primary dealers
  • Awards 12.5% to direct bidders
  • Awards 54.5% to indirect bidders
  • the high yield was one basis point above its 1PM when-issued level

The 30 year bond has hit new fresh 10 month highs after the auction at 2.9211%, that is up 6.5 basis points on the day.