- 2021 bond bid to cover ratio 1.8
- 2041 bond bid to cover ratio 2.1 vs 2.1 last auction November 18 2010
- 2021 average yield 5.162% vs 5.604% last sale via syndication
- 2041 average yield 5.875% vs 5.488% last auction November 18 2010
Meanwhile EUR/USD has extended it’s rally. Seems stops just above 1.4000 were a little heavier than reports. We’ve spiked as high as 1.4033 so far. Battle of 1.4050 barriers now ensues.