Reply To: Cautious Investor — Market Weekly

#98860
Truman
Participant

US 20-year bond auction tails by 2 bps

US 20s sell at 5.420% vs 5.400% WI
Bid to cover at 2.57x vs 2.65x six-auction average
Directs at 30.7% vs 21.4% six-auction average