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The US treasury to auction off $13 billion of 20-year bonds at the top of the hour
Bonds
The US treasury will auction off $13 billion of 20 year bonds at the top of the hour. The success or failure of the auction will be compared to the six-month averages of the major components:
- Tail 1.3 bps
- Bid to cover 2.52X
- Directs (a measure of domestic demand) 16.9%
- Indirects (a measure of international demand) 66.2%
- Dealers (they take the rest) 16.9%
Source: Forex Live
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