The Treasury Department sold $13 billion of inflation-indexed 9-year 8-month TIPs at a 0.560% high yield, an adjusted price of 98.268271, with a 3/8% coupon.
The bid-to-cover ratio was 2.59.
Independent and authoritative analysis and perspective for the bond buying industry.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In