$21 Billion 10 Year Reopening Closes At 3.754%, Indirect Bidder Take Down Scarce At 29%, Vs 43% For Last Eight Auctions

Tyler Durden's picture
  • Yields 3.754% vs. Exp. 3.763%
  • Bid To Cover 3.00 vs. Avg. 2.86 (Prev. 2.62)
  • Indirects take down 29.0% vs. Avg. 43.05% (Prev. 34.76%)
  • Indirect Bid To Cover 1.89
  • Alloted at high 49.95%
  • Direct bid take down surges again to 17%from 8.9%

A chart of today's intraday weakness in the 10 year as a mysterious ES bidder guns the equity market.