U.S. Treasury sells 10-year notes at a high yield of 3.960%

August 07, 2024 at 06:04PM

High yield at 3.960%

WI level at the time of the auction 3.929%

Tail +3.1 basis points versus six month average of 0.1 basis points

Bid to Cover 2.32X vs six month average of 2.52X

Dealers 17.88% vs six month average of 15.5%

Directs 15.9% vs six month average of 17.1%

Indirects 66.2% versus six month average of 67.5%

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

U.S. Treasury sells 10-year notes at a high yield of 3.960%