Details of US 10yr TIPS sale
- BTC 2.43 vs 2.57 prior
- Directs 1.08%
- Dealers 23.21%
- Indirects 75.71%
Lowest take by directs on record.
A strong sales and 10's have lifted to 1.98% while Break evens jump 5bp to 1.78%
As Com Crocker from Mesirow Finance says,"When doves cry, TIPS fly"
