• thetechnicaltake
    03/14/2010 - 18:11
    With 3 out of 4 of our measures registering extreme readings, few words are needed to describe investor sentiment this week.
  • asiablues
    03/14/2010 - 20:23
    In contrast to the cheery mood of the markets, the latest readings from consumers and small business owners indicate economic sentiment isn’t improving. This divergence has got the Wall Street scratching its collective head. In short, the disparity may be deciphered in one word – liquidity - which Wall Street has plenty of, while main street remains strapped.

Weak Five Year Auction Interest, Substantial Drop In Indirect Bids

Tyler Durden's picture




- Yield 2.689% vs. Exp. 2.635%
- Bid/Cover 1.92 vs. Avg. 2.37 (Prev. 2.58)
- Indirect bids 36.7% vs. Avg. 45.94% (Prev. 62.87%)
- Allotted at high 31.16% (BBG)

Weakness in Five Year spreading to Two Year next.

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