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Another Short Squeeze Results In Strong 10 Year Auction, Highest Bid To Cover Of 2015
Wednesday, June 10, 2015 13:58
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zerohedge.com / by Tyler Durden on 06/10/2015 13:16
Just like yesterday, when the 3Y auction issued $24 billion in paper on substantially better terms than many feared, so today’s 10 year auction was even stronger, pricing at 2.461%, 1.3 bps through the When Issued of 2.474%, at a 2.461 Bid to Cover, far better than last month’s 2.2370 and the highest since December 2014.
The internal were less notable, with Indirects holdings 57.9%, Directs left with 12.1% and Dealers holding precisely 30%.
The post Another Short Squeeze Results In Strong 10 Year Auction, Highest Bid To Cover Of 2015 appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/06/10/another-short-squeeze-results-in-strong-10-year-auction-highest-bid-to-cover-of-2015-2/
