{"id":441861,"date":"2026-11-11T02:40:06","date_gmt":"2026-11-10T19:40:06","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/u-s-treasury-sells-42-billion-of-10-year-notes-at-a-high-yield-of-5-02-441861\/"},"modified":"2026-11-11T02:40:06","modified_gmt":"2026-11-10T19:40:06","slug":"u-s-treasury-sells-42-billion-of-10-year-notes-at-a-high-yield-of-5-02","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/u-s-treasury-sells-42-billion-of-10-year-notes-at-a-high-yield-of-5-02-441861\/","title":{"rendered":"U.S. Treasury sells $42 billion of 10 year notes at a high yield of 5.02%"},"content":{"rendered":"<div>\n<p>The US\u00a0treasury sold $42 billion of 10 year notes:<\/p>\n<ul>\n<li>High yield: 5.02%<\/li>\n<li>WI level at the time of the auction: 5.01%<\/li>\n<li>Tail: +1.0 basis point vs the average of \u22120.6 basis points<\/li>\n<li>Bid to cover: 2.46X vs the average of 2.60X<\/li>\n<li>Directs: 29.0% vs the average of 15.9%<\/li>\n<li>Indirects: 61.2% vs average of 76.65%<\/li>\n<li>Dealers: 9.8% vs the average of 7.45%<\/li>\n<\/ul>\n<p>Auction grade: D+<\/p>\n<p>The auction was a little soft. The high yield came in 1.0 basis point above the WI level, compared with an average stop-through of 0.6 basis points. Bid to cover fell to 2.46X versus the average of 2.60X, and dealers were left with a larger share than usual. Direct bidders were the bright spot, taking 29.0% versus the average of 15.9%, but that was outweighed by the tail, the softer bid to cover and the higher dealer takedown.<\/p>\n<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US\u00a0treasury sold $42 billion of 10 year notes: High yield: 5.02% WI level at the time of the auction: 5.01% Tail: +1.0 basis point vs the average of \u22120.6 basis points&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-441861","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=441861"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441861\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}