WI trading at 2.625% currently
The U.S. Treasury is too optionUS$24 billion of 10 year notes at the top of the hour.
At the last auction:
- High yield 2.689%
- Bid to cover 2.35x. Last 6 auctions 2.35, 2.51, 2.35, 2.54, 2.39, 2.58
- indirects accepted 59.5%
- Directs accepted 12.2%
- The WI is trading at 2.625%