US sells 30-year TIPS at 2.403% vs 2.40% WI

  • Results of the 30-year TIPS auction
auction bonds treasury

The US dollar is broadly softer today and falling yields have contributed to that.

  • Prior was 2.055%
  • Bid to cover 2.48 vs 2.61 prior

There hasn't been much of a market reaction to this but yields have been creeping up from the lows in the last hour or so. That could put a floor under the dollar.

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