auctions

The US treasury auctioned off the $52 billion a 5 year note at a high yield of 4.899%WI level at the time of auction was 4.88%Tail 1.9 basis points. The six-month average was -0.4 basis pointsBid to cover came in at 2.36Xversus six-month…

A US Treasury payment check.Douglas Sacha/Getty ImagesA recent string of Treasury auctions has suffered from weak investor demand.Strategists at TD Securities raised the question of whether it's a "canary in the coal mine."But Ed Yardeni…

© Reuters. FILE PHOTO: A person holds a new 1,000 Naira banknote as the Central Bank of Nigeria issues banknotes to the public through banks in Abuja, Nigeria, December 15, 2022. REUTERS/Afolabe Sotonde by Chijioke Ohuocha ABUJA…

WI level at auction time 3.550% High Yield 3.563%WI level at auction time 3.550%Tail of 1.3 basis points versus a six-month average of 0.9 basis pointstender…