3309 Drysdale Ct
Edwardsville, IL 62025
December 8, 2010
by The TopStock Team
Headline Alert
Bond Auction Update: 10-Year Note Auction
The Treasury auctioned $21 billion in 10-year notes this afternoon.
The auction produced a yield of 3.34% with 8.71% allotted to the high.
The bid-to-cover ratio came in at 2.92 which was above the 3.12 ratio seen in the average of the last 10 auctions.
Indirect Participation (think foreign governments and big institutions) was 44.38%. The average of the last 10 auctions was 43.88%.
CNBC’s Rick Santelli gave the auction a grade of B-
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Bond Auction Update: 10-Year Note
TBT
Posted by magann14 on 8th of Dec 2010 at 01:49 pm
Bond Auction Update: 10-Year Note Auction
December 8, 2010
by The TopStock Team
Headline Alert
Bond Auction Update: 10-Year Note Auction
The Treasury auctioned $21 billion in 10-year notes this afternoon.
The auction produced a yield of 3.34% with 8.71% allotted to the high.
The bid-to-cover ratio came in at 2.92 which was above the 3.12 ratio seen in the average of the last 10 auctions.
Indirect Participation (think foreign governments and big institutions) was 44.38%. The average of the last 10 auctions was 43.88%.
CNBC’s Rick Santelli gave the auction a grade of B-