The Treasury sells $21B in reopened 10-year notes at 2.043%. Bid-to-cover ratio of 3.08, vs. a...


The Treasury sells $21B in reopened 10-year notes at 2.043%. Bid-to-cover ratio of 3.08, vs. a recent average of 3.23; indirect bidders take 38.5%, vs. a recent 43.5%. Direct bidders take 11%, vs. a recent 12.9%.

Comments (1)
  • Uncle Pie
    , contributor
    Comments (4322) | Send Message
     
    Did the Fed buy 60% of the issue, with newly printed dollars, as has been the case so often recently?
    11 Apr 2012, 01:08 PM Reply Like
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