WI was at 1.563% at the auction time
The US sells $38 billion of three year notes at a high yield of 1.562%. The WI just before the auction was trading at 1.563%.
- Bid to cover, 2.41x vs 2.39x at the last auction. The six month average is 2.52X
- Directs 19.3% vs 17.9% last. The six month average is 16.3%
- Indirects 46.7% versus 48.5% last. The six month average is 46.8%