The US treasury will public sale off the three 12 months notes on the prime of the hour. The six-month averages of the key parts reveals:
- Tail: -0.2 foundation factors
- Bid to cowl: 2.57X
- DIrects (home patrons): 18.7%
- Indirects (worldwide Consumers): 66.5%
- Sellers (they take the remainder) 15.8%
THe excessive yield final month got here in at 4.13%
The present 3 12 months yield is at 4.150%, down round 3 bps on the day.
This text was written by Greg Michalowski at www.forexlive.com.
