Categories Finance

US treasury auctions offer 7-year notes at a high yield of 4.457%

  • High yield 4.457%
  • WI level at the time of the auction 4.466%
  • Tail:-0.9 basis points versus 6–month average of -1.0 basis points
  • Bid to Cover: 2.64X vs. six-month average of 2.66X
  • DIrects (Domestic demand): 23.06% vs 6-month average of 16.3%
  • Indirects (international demand): 67.08% vs 6-month avearage of 74.0%
  • Dealers (they take the rest): 9.86x% vs 6-month average of 9.7%

This article was written by Greg Michalowski at www.forexlive.com.

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