A touch softer than expected. Bid-to-cover 2.47 vs 2.66 average at the last 10 auctions. Yields are falling on this across the board; there must have been some fear of a large upside miss.
A touch softer than expected. Bid-to-cover 2.47 vs 2.66 average at the last 10 auctions. Yields are falling on this across the board; there must have been some fear of a large upside miss.