- Prior was 4.215%
- Bid to cover at 2.71 vs 2.74 prior
The bond market isn't having a problem digesting some serious supply this week ahead of Thanksgiving. In the aftermath of the sale, long-dated yields are at the lows of the day with 10s down 5.2 bps to 4.25%. There is some follow-through in USD/JPY as well.
