Thursday, July 9, 2009

30 Year Auction A Dud

- Yields 4.303% vs. Exp. 4.292%

- Bid to cover 2.36 vs. Avg. 2.54 (Prev. 2.68)

- Indirects 50.2% vs. Avg. 47.73% (Prev. 49.09%), and who the hell knows if the fudged definition includes any interest from the Red Queen and other denizens of the Land of the Looking Glass.

- Allotted at high 67.88%

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