US treasury sells $69 billion in two 12 months notes at a excessive yield of four.169%

• Excessive yield four.169%
• WI stage on the time of the public sale four.18%
• Bid to cowl 2.56X vs six-month common of two.66x
• Tail -1.1 foundation factors vs. six-month averages -Zero.three foundation factors
• DIrects 7.64% vs six-month common of 18.three foundation factors
• Indirects 85.49% versus six-month averages 68.9%
• Sellers 6.87% versus 6-month common of 12.eight%

The public sale was top-heavy with worldwide demand. They took a whopping 85.49%, effectively above the 68.9% six-month common. Sellers have been left with a low 6.87%. The home consumers have been squeezed out and solely obtained 7.64%.

This text was written by Emma Wang at www.ubaidahsan.com.



Source link