The Treasury sells $10B in 10-year TIPS at 1.019% (.pdf). Bid-to-cover ratio of 2.80; indirect...

|By:, SA News Editor

The Treasury sells $10B in 10-year TIPS at 1.019% (.pdf). Bid-to-cover ratio of 2.80; indirect bidders take 46.6%. Direct bidders take 2.5%. Treasurys held losses on the longer end: 30-year yield +0.09 to 3.73%; 10-year +0.06 to 2.63%.