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globalreutersNovember 4, 20241 Mins read
US treasury auction $58B of 3- year notes at the top of the hour
globalreutersNovember 4, 20241 Mins read 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.
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