The Treasury sells $13B in 10-year TIPS at 1.17% (.pdf). Bid-to-cover ratio of 2.37; indirect...

|By:, SA News Editor

The Treasury sells $13B in 10-year TIPS at 1.17% (.pdf). Bid-to-cover ratio of 2.37; indirect bidders take 37.9%. Direct bidders take 3.2%. Treasurys dip again: 10-year yield +0.09 to 3.44%; 5-year +0.095 to 2.03%.