U.S. Treasury to auction off $24 billion and 30 year bonds at the top of the hour
Current WI is trading at 2.16%The U.S. Treasury will auction off $24 billion and 30 year bonds at the top of the hour. The current WI is trading out 2.16%.
Six month averages of key components of the auctions include:
- Bid to cover 2.39X.
- Dealers 18.3%
- Indirects (a measure of foreign demand) 62.7%
- Directs 18.9%
The last auction high yield came in at 2.395%. The auction had a 1.7 basis point tail.