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.

 

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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