Results of the $23 billion 10-year note sale
- Prior high yield was 2.090%
- Bid to cover 2.56
- Prior bid-to-cover was 2.77
They can't get enough of those bonds. 2s-10s fell are down 2 basis points to 101.3 bps today, which is the lowest since the crisis.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.