Posts
10-year note auction happened today. The results were a jump of 28% in yield from May: 3.99% vs. 3.125%. Yields needs to be raised to attract buyers. In turn, this causes increases in mortgage rates.
Here is the chart of yields in 2009:
Results since January:
Released on 1/8/2009 1:00:00 PM For 1/8/2009 1:00:00 PM
Auction Results
Bid/Cover 2.59
Coupon Rate 3.750%
Total Amount $16 B
Yield Awarded 2.419%
Released on 2/11/2009 1:00:00 PM For 2/11/2009 1:00:00 PM
Auction Results
Bid/Cover 2.21
Coupon Rate 2.750%
Total Amount $21 B
Yield Awarded 2.818%
Released on 3/11/2009 1:00:00 PM For 3/11/2009 1:00:00 PM
Auction Results
Bid/Cover 2.14
Coupon Rate 2.750%
Total Amount $18 B
Yield Awarded 3.043%
Released on 4/9/2009 11:30:00 AM For 4/9/2009 11:30:00 AM
Auction Results
Bid/Cover 2.49
Coupon Rate 2.750%
Total Amount $28 B
Yield Awarded 2.950%
Released on 5/6/2009 1:00:00 PM For 5/6/2009 1:00:00 PM
Auction Results
Bid/Cover 2.47
Coupon Rate 3.125%
Total Amount $22 B
Yield Awarded 3.190%
Released on 6/10/2009 1:00:00 PM For 6/10/2009 1:00:00 PM
Auction Results
Bid/Cover 2.62
Coupon Rate 3.125%
Total Amount $19 B
Yield Awarded 3.990%
No comments:
Post a Comment