Auction Results
Bid/Cover 2.68
Coupon Rate 4.375%
Total Amount $13.0 B
Yield Awarded 4.64%
Highlights
Results for the 30-year bond auction are strong. Coverage of 2.68 compares with a long-term average of 2.31 and 2.45 in last month's auction. The stop-out rate of 4.640 percent is more than 4 basis points below the 1:00 ET bid. Demand for Treasuries rose in immediate reaction to the results.
An auction of 30-year bonds went surprisingly well Thursday as investors defied expectations by stretching out to the long end of the yield curve.
happyface 发表于 2010-1-14 13:19