Wednesday , 22 January 2025
Home Forex U.S. Treasury to auction off $39 billion of 10 year notes at the top of the hour
Forex

U.S. Treasury to auction off $39 billion of 10 year notes at the top of the hour

The second of 3 auctions will take place at 1 PM ET, when the treasury auctions off $39 billion of 10 year notes. The results will be compared to the six-month averages of the major components that show investor demand.

Here are a summarized view of 10-year auction history based on six-month averages of the major components:

  • High Yield:

    • Previous: 4.166%
    • Six-auction average: 4.285%
  • Tail:

    • Previous: 0.9 basis points
    • Six-auction average: 0.7 basis points
  • Bid-to-Cover Ratio:

    • Previous: 2.51x
    • Six-auction average: 2.52x
  • Dealers:

    • Previous: 17.1%
    • Six-auction average: 16.1%
  • Directs (a measure of domestic demand):

    • Previous: 18.6%
    • Six-auction average: 18.1%
  • Indirects (a measure of international demand:

    • Previous: 64.3%
    • Six-auction average: 65.9%

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

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

New Zealand inflation data today has pricing for an RBNZ 50bp rate cut at around 67%

Official data for Q4 CPI from New Zealand shows inflation firmly in...

Poll shows 18 out of 19 economists expect a Bank of Japan rate hike on Friday

CNBC conducted the poll, the main points:The Bank of Japan is expected...

Daily Broad Market Recap – January 21, 2025

On Tuesday, the major assets took cues from Trump’s policy headlines, shifting...

Japanese Labor Talks Forecast Big Wage Hikes; BOJ Interest Rate Decision Looms

Japan’s largest business lobby, Keidanren, and trade unions began their annual labor...