Wednesday, 8 May 2024
by BD Banks
The U.S. Treasury will auction off $58 billion of 3-notes at the top of the hour. The results will be compared to the six month averages of the major components to gauge overall demand. The major components and their six-month averages and shows:
At the last auction, the high-yield came in at 4.548%.
The current 3-year yield is at 4.616%.
This article was written by Greg Michalowski at www.forexlive.com.