US sold USD 44bln of 7yr notes; on-the-screws
Important
SourceNewsquawk
SectionFixed Income
- High Yield: 4.260% (prev. 4.290%, six-auction avg. 4.076%); WI: 4.260%
- Tail: 0.0bps (prev. -0.1bps, six-auction avg. 0.2bps)
- Bid-to-Cover: 2.50x (prev. 2.52x, six-auction avg. 2.49x)
- Dealers: 12.8% (prev. 10.4%, six-auction avg. 10.9%)
- Directs: 29.7% (prev. 11.2%, six-auction avg. 24.3%)
- Indirects: 57.6% (prev. 78.4%, six-auction avg. 64.8%)