The US treasury auctioned off $13 billion of 20 year bonds at a high yield of 4.810%

  • Hi yield 4.810%
  • WI level at the time of the auction 4.814%.
  • Tail -0.4 basis points versus six-month average of +0.8 basis points
  • Bid to cover 2.63X vs six-month average of 2.56X

This article was written by Greg Michalowski at www.forexlive.com.