US treasury auctions off $42 billion of tenure notes at a high yield of 4.342% ...Middle East

High yield 4.342%WI yield before the auction 4.354%Tail -1.2 basis points vs six-month average of 0.7 basis pointsBid to cover 2.60x versus the six-month average of 2.59XDirect 19.88% vs the six-month average of 16.8%Indirects 71.2% vs six-month average of 70.0%Dealers 8.93% versus the six-month average of 13.2%

Domestic buyers were higher than the average. International buyers are also higher than the average. The dealers therefore were saddled with less than average.

The US 10 year yield is now trading near loss for the day at 4.321% down 2.1 basis points

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

Read More Details
Finally We wish PressBee provided you with enough information of ( US treasury auctions off $42 billion of tenure notes at a high yield of 4.342% )

Also on site :

• Rodney Hinton Jr., whose 18-year-old son was shot dead by police, denied bond in killing of sheriff’s deputy
• ‘We are suffering’: Displaced families bear burden of South Sudan conflict
• Kelsey Grammer Reveals Former Girlfriend Aborted Their Son When He Was in College