WI currently trading at 0.195%/0.185%
The US treasury is auction off 52 billion of 3 year notes at the top of the hour. The WI is currently trading at 0.195% – 0.185%.
The averages over the last 6 months are showing:
- Bid to cover, 2.42X
- Dealers, 34.1%.
- Directs, 11.7%.
- Indirects 54.2%.
- The average sale of the last 6 auctions comes in at 0.2basis points
The treasury will auction off $35 billion of reopened 10 year notes tomorrow and $23 billion of reopened 30 year bonds on Thursday.
