FX Expert Funded

US treasury sells 44 billion of seven year notes at a high yield of 4.123%

  • High yield 4.123%
  • WI level at the time of the auction
  • Tail versus six-month averages 0.2 basis points versus six-month average of -1.1 basis points
  • Bid to Cover 2.55X vs six-month average of 2.67X
  • Directs (domestic buyers) 25.44% vs six-month average of 20.6%
  • Indirects (internations buyers) 59.3% versus six-month average of 69.7%
  • Dealer 15.3% vs six-month average of 9.7%

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

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