WI level at the time of the auction: 3.968%
Bid-to-Cover: 2.52X vs 6-month avg. 2.62x. Total bids received divided by the amount of debt offered. A higher number is an indication of strong demand
Directs: 18.03% vs 6 month average of 18.7%. A higher number is indicative of strong domestic demand, while a lower number is weaker demand. .
AUCTION GRADE: C
More ahead:
30-year reopening Thursday
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 $58B of 3 year notes at a high yield of 3.972% )
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