Solid 10Y Auciton Sees Jump In Foreign Demand Despite Tail
After yesterday’s mediocre 3Y auction, today we had the highlight of the week’s coupon issuance when the Treasury sold $39BN in benchmark 10Y paper. And amid a painful selloff that pushed 10Y yields above 4.20%, the auction wasn’t too bad all things considered.
First the ugly: the auction priced at a high yield of 4.217%, up from 4.177% in February and the highest since last August. Why ugle? Because the auction tailed the When Issued 4.210% by 0.7bps, the second tail in a row and 4 of the past 6.
The rest of the auction was more solid, starting with the bid to cover, which jumped from 2.388 to 2.449, if still below the recent six-auction average of 2.51 which however was pulled higher by two outlier high BtCs in recent days.
The internals were also solid: Indirects jumped to 74.45% from 64.54%, which was the highest allotment to foreign buyers since September. And with Directs taking 12.83%, Dealers were left holding just 12.7%, which however was on the high side of the recent auction average of 8.63%.
Overall this was a solid auction, despite the large intraday selloff and despite the tail, and suggests that unlike other asset classes, the bond market is certainly not concerned about runaway cost-push inflation in the months to come.
Tyler Durden Wed, 03/11/2026 – 14:47
Source: https://freedombunker.com/2026/03/11/solid-10y-auciton-sees-jump-in-foreign-demand-despite-tail/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,785,959,004 |
| Stories: | 8,601,118 |
Whistler Blowers, Insiders
