US treasury to auction off US$24 billion of 10 year notes

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%

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