Core Viewpoint - The U.S. Treasury issued $58 billion in 3-year bonds with a winning yield of 3.579%, indicating stronger-than-expected demand [1] Summary by Categories Auction Performance - The pre-auction trading level was 3.589%, showing that demand exceeded expectations [1] - The bid-to-cover ratio was 2.85, higher than the average of 2.59 from the previous six auctions [1] Investor Distribution - Primary dealers received 9.7% of the allocation, which is lower than the previous auction [1] - Direct bidders' allocation increased to 27.3% [1] - Indirect bidders accounted for 63% of the allocation [1] Market Reaction - The market's reaction to the auction results was limited, with short-term bond yields rising by approximately 2 basis points [1] - The yield spread between 2-year and 10-year Treasury bonds narrowed by over 1 basis point [1]
美国3年期国债中标收益率3.579% 低于发行前交易水平
Sou Hu Cai Jing·2025-11-11 05:23