US treasury will auction off $19 billion and 30 year bonds at the top of the hour

The US treasury will auction off $19 billion and 30 year bonds at the top of the hour. Last month the high yield came in at 3.185%. The current 30 year yield Yield A yield represents the earnings generated by an investment or security over a certain time period. Yields are typically displayed in percentage terms and are in the form of interest or dividends received from it.These figures do not include the price variations, which separates it from the total return. Consequently, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as A yield represents the earnings generated by an investment or security over a certain time period. Yields are typically displayed in percentage terms and are in the form of interest or dividends received from it.These figures do not include the price variations, which separates it from the total return. Consequently, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as Read this Term is at 3.14% that is down -2.2 basis points on the day.

A look at the 6 month moving averages of the key components shows:

• Bid to cover, 2.33x
• Directs (a proxy for domestic demand), 17.6%
• Indirects (a proxy for international demand), 66.6%
• Dealers, 15.8%

At the last auction the tail was -1.5 basis point. The six-month average of tails is -0.4%.

This week the treasury auctioned off 3 year notes on Monday and 10-year notes yesterday. The 3 year note was met with strong demand. The 10 year note was not. So this is the deciding auction for the week.

Last week the 30 year yield reached a high of 3.277%. The low yield last week reached near 3.02%. With the yield between those 2 levels, investors have a choice to make.