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US treasury sells $44 billion of 7 year notes at 0.446%

US treasury sells $44 billion of 7 year notes at 0.446%

WI at 0.452%
– High yield 0.446%
– WI level 0.452%
– Tail 0.6 basis points
– Bid to cover 2.45x vs. six-month average of 2.54 times
– Dealers 19.26% vs. 24.0%
A good auction.  The high yield was 0.6 basis points below the WI level. Good demand. The bid to cover was a little light vs. the six-month average. However the dealers only

Source: Forexlive RSS Breaking news feed
Date: July 29, 2020, 03:09