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US auctions off $38 billion of 3 year notes at 1.632%

US auctions off $38 billion of 3 year notes at 1.632%

That is below the WI level of 1.634%
– high yield of 1.632%. That is below the WI of 1.634%
– bid to cover 2.56x vs six-month average of 2.48x
– Directs 23.8% vs six-month average of 16.8%
Overall, decent demand. The yield stopped through the WI level by a touch. The bid to cover was higher than the six-month average. Dealers took down

Source: Forexlive RSS Breaking news feed
Date: December 10, 2019, 04:10