Forex
globalreutersSeptember 25, 20241 Mins read
US treasury to auction off a $70 billion and 5-year notes at the top of the hour
globalreutersSeptember 25, 20241 Mins read The US treasury will auction off $70 million and five year notes at the top of the hour. The six-month average of the major components shows
- Bid to cover: 2.38X
- Tail: 0.3 basis points
- Directs (domestic demand): 17.4%
- Indirects (international demand): 68.0%
- Dealers: 14.6%
The auction results will be compared to the six-month averages to determine overall demand.
This article was written by Greg Michalowski at www.forexlive.com.
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