The Treasury sells $21B in reopened 10-year notes at 2.02% (.pdf). Bid-to-cover ratio of 3.53,...

|By:, SA News Editor

The Treasury sells $21B in reopened 10-year notes at 2.02% (.pdf). Bid-to-cover ratio of 3.53, vs. a recent average of 3.07; indirect bidders take 61.9%, vs. a recent 44%. Direct bidders take 8.4%, vs. a recent 9.9%.