The US treasury auctions $20B of 10 12 months TIPS at a excessive yield of two.243%
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- Excessive yield 2.243%
- WI 2.232%
- Tail 1.1 bps
- Bid to cowl 2.48X vs 6 month common of two.41X
- Directs 16.7% vs 18.5% common
- Indirects 66.51% vs 71.eight% common.
This text was written by Emma Wang at www.ubaidahsan.com.
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