US bond auction results 11.01.2018
- Previous yield 2.804%
- Trading at 2.88% going into the auction
- BID-TO-COVER RATIO: 2.74 V 2.53 PRIOR AND 2.33 AVG OVER THE LAST 8 SALES
- 41.1% allotted at high
- Indirect bidders take 71.5% of competitive bids, 7.3% go to Direct bidders, Primary Dealers take 21.2%
Usd drops a spread but stabilises, strong pick up, highest since 2014
As we stand USDJPY dropped quickly through yesterday’s lows to 111.225 , now trading 111.30.