- The U.S. Treasury is scheduled to auction $42billion worth of 10-year notes at the pinnacle of the imminent hour. Here are the six-month averages for key additives:
High Yield: Previous 4.56%, averaging 4.276% over six auctions.
- Tail: Previous 3.1 basis points, averaging zero.Nine foundation points over six auctions.
- Bid-to-Cover Ratio: Previous 2.34x, averaging 2.49x over six auctions.
- Dealer Participation: Previous 24.0%, averaging sixteen.9% over six auctions.
- Directs (domestic consumers): Previous 14.2%, averaging 17.Zero% over six auctions.
- Indirects (international consumers): Previous 61.8%, averaging 66.1% over six auctions.
The public sale’s final results might be judged based totally on how the actual results compare to those six-month averages.
