November 20, 2024 at 05:54PM
The US treasury will sell… well auction…. $16 billion of 20 year bonds at the top of the hour.
The six-month averages of the major components shows:
Bid to cover 2.60X
Tail 0.1 bps
Directs (domestic demand): 17.2%
Indirects (international demand): 71.6%
Dealers: 11.2%
This article was written by Greg Michalowski at www.forexlive.com.
The US treasury is to sell $16 billion of 20 year bonds at the top of the hour