🚨 U.S. TREASURY 3-YEAR AUCTION: SOLID DEMAND 👀
The U.S. Treasury sold $58B of 3-year notes at a 4.932% yield, slightly below the 4.934% pre-auction level.
📊 Key numbers:
🏦 Primary dealers: 10.7%
🎯 Direct bidders: 31.7% — well above the recent 21.5% average
🌍 Indirect bidders: 57.6%
📈 Bid-to-cover: 2.62× vs 2.65× six-auction average
💡 My take: The auction looks broadly healthy. Strong direct-bidder participation helped push the clearing yield slightly lower, while the short end of the Treasury curve showed little reaction.
👀 For crypto traders, keep watching Treasury yields + liquidity + BTC reaction. These can influence risk appetite across markets.
$BTC $ETH — macro still matters. 🌎📊
#Bitcoin #Ethereum #Crypto #Treasury #US10Y
The U.S. Treasury sold $58B of 3-year notes at a 4.932% yield, slightly below the 4.934% pre-auction level.
📊 Key numbers:
🏦 Primary dealers: 10.7%
🎯 Direct bidders: 31.7% — well above the recent 21.5% average
🌍 Indirect bidders: 57.6%
📈 Bid-to-cover: 2.62× vs 2.65× six-auction average
💡 My take: The auction looks broadly healthy. Strong direct-bidder participation helped push the clearing yield slightly lower, while the short end of the Treasury curve showed little reaction.
👀 For crypto traders, keep watching Treasury yields + liquidity + BTC reaction. These can influence risk appetite across markets.
$BTC $ETH — macro still matters. 🌎📊
#Bitcoin #Ethereum #Crypto #Treasury #US10Y