Chart Check (Going, Going, Gone)

Chart Check (Going, Going, Gone)

Score a small victory for the specs and that multi-sigma 5Y short, because it looks like we just got a pretty weak auction... Via Bloomberg: Bid-to-cover 2.38 vs six previous auction average 2.48 [Heisenberg: that looks like the lowest since last summer] Total bids of $83.1b for $36.2b in notes sold vs six previous auction average of $86.9b in bids for $36.8b in notes sold. Dealers awarded 32.1% vs six previous auction average 32.7% Direct bidders awarded 4.6% vs six previous auction av
Subscribe or log in to read the rest of this content.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.