Saturday , 8 February 2025
Home Forex U.S. Treasury to complete its coupon auctions this week with sale of 30 year bonds.
Forex

U.S. Treasury to complete its coupon auctions this week with sale of 30 year bonds.

One good auction on Monday (three-year note auction). One bad auction on Tuesday (10 year note).

Today the final coupon auction will take place with the sale of $22 billion of 30 year bonds at 1 PM ET. The six-month averages of the major components shows:

  • Tail: 1.3 basis points.
  • Bid-to-cover: 2.38x
  • Directs (domestic buyers): 16.9%
  • Indirect (international buyers). 66.1%
  • Dealers: 17.0%

Last month the auction came in at 4.36%. The six-month average is at 4.481%.

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Your email address will not be published.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

Forexlive Americas FX news wrap 7 Feb: US jobs remains solid.Inflation expectations rise

Major US stock indices close sharply lower.US consumer credit for December $40.85B...

Major US stock indices close sharply lower.

The major US stock indices are closing sharply lower for the day....

For the trading week, the USD is ending mostly lower.

The USD moved sharply higher at the start of the week on...

US consumer credit for December $40.85B vs $12.35B estimate

Prior month -$7.49 B revised to -$5.37%US consumer credit for December came...