- US 20s sell at 5.420% vs 5.400% WI
- Bid to cover at 2.57x vs 2.65x six-auction average
- Directs at 30.7% vs 21.4% six-auction average
The bond market isn’t in a good place as oil continues to surge. WTI is up $4.59 to $105.97.
This article was written by Adam Button at investinglive.com.