US treasury auctions $18B of 10 year TIPS at high yield of 2.22%

High yield 2.22%WI level at the time of the auction 2.22%Tail 0.0 bpsBid to cover 2.36X vs six month average 2.39X average16.7% vs six month average of 20.7%71.4% vs six month average of 68.9%Dealer 11.9% vs six month average of 10.4%
This article was written by Greg Michalowski at www.forexlive.com.