Market Weekly: July 5 – 11 2020

#24090
ThePitBoss
Participant

US treasury auctions $46 billion 3 year notes at 0.19%, WI 0.189% (tail 0.1 bps)

Bid to cover 2.44x v. six-month average 2.43x
Dealers 32.45% v. 37.2% six-month average
Directs 13.3% v. six-month average of 11.7%
Indirects 54.3% vs. six-month average of 51.1%