US treasury sells 30 year bonds at a high yield of 4.889%.
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The US treasury sold $22 billion and 30 year bonds. The details:
- High-yield 4.889%
- WI level at the time of the auction 4.8900%
- Tail -0.1 basis points versus 6 month average of -0.3 basis points
- directs 27.4% versus 6 month average of 23.1%
- Indirects 59.78% versus 6 month average of 63.0%
- Dealers 12.82% versus 6 month average of 13.9%
Auction Grade B This article was written by Greg Michalowski at www.forexlive.com.