US treasury sells 10 year note at 0.960% vs. 0.962% WI level

WI was at 0.962% at the auction time

  • High yield 0.960%
  • Bid to cover 2.32x vs six-month average of 2.46x
  • Dealers 32.03% vs. six-month average 23.6%
  • Directs 13.1% vs. vs. six-month average of 14.3%
  • Indirects 54.8% vs. six-month average of 62.1%

The last auction high yield came in at 0.765%.

The auction results mixed

  • the yield was marginally lower than the WI yield (0.2 basis points)

Best in 2026

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