Stellar 20Y Auction Stops Through, Highest Bid to Cover In Almost A Year
The week’s sole coupon auction just took place, and it was nothing short of a smashing success: in a day that saw yields first move higher only to slide lower, the US Treasury sold $13BN in 20Y paper to near record demand.
The auction priced at a high yield of 4.632%, down 20bps from 4.830% last month and the lowest since Oct 24; it also stopped through the When Issued 4.646 by 1.4bps, the biggest stop through going back to last June.
The bid to cover was an impressive 2.78, up sharply from 2.43 last month and the highest since April 2024; it was also one of the highest on record.
The internals were also very strong, with Indirects awarded 68.9%, up from 63.0% last month and above the recent average of 66.2%. And with Directs taking 22.4%, the highest since Sept 2023, Dealers were left holding just 8.8%, the lowest since July 2024.
Overall, this was a stellar auction and one of the strongest 20Y auctions in the past year, helping push yields in the secondary market to session lows.
Tyler Durden Tue, 03/18/2025 – 13:27
Source: https://freedombunker.com/2025/03/18/stellar-20y-auction-stops-through-highest-bid-to-cover-in-almost-a-year/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,689,116,805 |
| Stories: | 8,395,156 |
Whistler Blowers, Insiders
