Technical Analysis

US treasury to sell $42B of 2 year notes at the top of the hour



<p>The 6-month averages of major components for the 2 year auction</p><ul><li>Bid to cover 2.57X</li><li>Tail 0.2 basis points</li><li>Directs (a measure of domestic demand) 21.8%</li><li>Indirects (a measure of international demand) 59.1%</li><li>Dealers 19.0%</li></ul>

This article was written by Greg Michalowski at forexlive.com.

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