On the surface, the just concluded auction of $24 billion in 3 Year paper was solid: printing at a high yield of 1.271% (22.93% allotted) while highest since April 2011, this priced 0.4 bps though the When Issued of 1.275%. Read more
11/09/2015
Bid To Cover Plunges To 6 Year Low, Indirects Slide In Weak 3-Year Auction
On the surface, the just concluded auction of $24 billion in 3 Year paper was solid: printing at a high yield of 1.271% (22.93% allotted) while highest since April 2011, this priced 0.4 bps though the When Issued of 1.275%. Read more
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