US auctions off 38 billion of 10 12 months notes
- WI was at 1.172%
- excessive yield 1.164%. Tail -0.Eight foundation factors
- bid to cowl 2.47C vs. six-month common of two.41X
- directs 17.8% vs. six-month common of 14.7%
- indirects 62.25% vs. six-month common of 61.2%
- sellers 19.99% vs. six-month common 24.1%
Sturdy public sale on the greater yields. The 10 12 months yield has moved decrease after the public sale and trades at 1.1598% at the moment.