The U.S.
Treasury auctioned off $22 billion of 30 year bonds to complete the coupon auctions for the week
Below are the details from the auction results. High yield 5.058% WI level at the time of the auction 5.061% Tail -0.3 basis points vs average of -0.2 basis points Bid to cover 2.44X versus average of 2.43X Directs (domestic buyers) 12.24% versus average of 24.0% Indirects (international buyers) 77.74% versus average of 65.1% Dealers 10.05% versus average of 10.9% AUCTION GRADE: C+ 932d6e52a19643278e0f123bca7198f5