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WI at 1.678%
– High yield 1.68%
– WI 1.678%
– Bid to cover 2.36x vs six month average of 2.39x
– Dealers 24.18% versus six month average of 24.0%
The tail was 0.2 basis points which is not bad given the supply auctioned today, but it is not bad. The yield is the highest since January 2020 when the high yield came in at 1.869%.  The

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Search Web: US treasury auctions of $38B of 10 year notes at 1.680%

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