Sunday , 24 November 2024
Home Forex US treasury auction $58B of 3- year notes at the top of the hour
Forex

US treasury auction $58B of 3- year notes at the top of the hour

The US treasury will auction off the three year notes at the top of the hour. The six-month averages of the major components shows:

  • Tail: -0.2 basis points
  • Bid to cover: 2.57X
  • DIrects (domestic buyers): 18.7%
  • Indirects (international Buyers): 66.5%
  • Dealers (they take the rest) 15.8%

THe high yield last month came in at 4.13%

The current 3 year yield is at 4.150%, down around 3 bps on the day.

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Your email address will not be published.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

Trade ideas thread – Monday, 25 November, insightful charts, technical analysis, ideas

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas,...

Monday morning open levels – indicative forex prices – 25 November 2024

As is usual for a Monday morning, market liquidity is very thin...

Newsquawk Week Ahead: US PCE, FOMC Minutes, RBNZ rate decision, EZ HICP, and Aussie CPI

Mon: German Ifo (Nov), US National Activity Index (Oct)Tue: FOMC Minutes (Nov);...

Weekly Market Outlook (25-29 November)

UPCOMING EVENTS:Monday: PBoC MLF, German IFO.Tuesday: US Consumer Confidence, FOMC Minutes.Wednesday: Australia...