Business
US Treasury Auctions $23 Billion of 5-Year TIPS at 2.242%
- High yield 2.242%
- Tail -2.8 basis points versus six-month average of -0.1 basis points
- Bid to cover 2.58X versus six-month average of 2.45X
- Direct (national) 17.8% compared to a half-yearly average of 16.5%
- Indirect (international buyers) 78.3% compared to a half-year average of 76.0%
Solid bidding.
This article was written by Greg Michalowski at www.forexlive.com.
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