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US treasury sells $13 billion of 20 year bonds at a high yield of4.632%
USD
- High yield 4.632%
- WI level at the time of the auction 4.646%
- Tail -1.4 basis points vs 6-month average of 1.3 bps
- Bid to cover 2.78X vs 6-month average of 2.52X
Other details:
- Directs 22.35% vs 6-month average of 16.9%
- Indirects 68.84% vs 6-month average of 66.2%
- Dealers 8.81% vs 6-month average of 16.9%
Source: Forex Live
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