US sells 30-year bonds at 2.914% vs 2.920% WI

Details of the US 30-year bond auction:

  • Prior sale was 2.980%
  • The bonds were trading at 2.915% in the when issued market ahead of the sale
  • Yesterday's 10-year sale stopped through by 0.4 basis points
  • Bid-to-cover 2.46
  • Prior bid-to-cover was 2.54

Another slightly strong auction.

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