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US sells 10-year notes at 2.237% vs 2.255% WI

US sells 10-year notes at 2.237% vs 2.255% WI

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Adam Button
13/05/2015 | 17:01 GMT

Results of the $24 billion, 10-year US Treasury auction:

  • Prior was 1.925%
  • Bid to cover at 2.72 vs 2.43 prior -- highest since Dec
  • 60.2% indirects
  • 20.9% directs

Dip in USD/JPY on the results. Real money is still buying bonds despite the rout.

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