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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (219496)9/9/2009 1:37:13 PM
From: ChanceIsRead Replies (1) | Respond to of 306849
 
$20 Billion 10 Year Closes At 3.51%, On 3.35% Expected

Submitted by Tyler Durden on 09/09/2009 12:09 -0500

* 10 Year Treasury
* Indirect Bidder

* Yields 3.510% vs. Exp. 3.350%, 16 bps miss in final High vs. Exp.
* Bid-To-Cover 2.77 vs. Avg. 2.62 (Prev. 3.28)
* Indirects 55.3% vs. Avg. 28.5% (Prev. 43.9%)
* Allotted at high 78.40% (BBG)
* Indirect bidder Bid-To-Cover at 1.4x
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You were correct..."troubled" (vice failed) was the phrase. We will get to both soon enough. Still well off the highs on the TBT but maybe a trend reversal has developed. That buck is looking weak: