Courtesy of Tyler Durden
- Yields 3.448% vs. Exp. 3.421%
- Bid To Cover 2.62 vs. Avg. 2.83 (Prev. 3.01)
- Indirect Bid To Cover: 1.79
- Indirects 34.9% vs. Avg. 40.88% (Prev. 47.7%)
- Direct bid at 8.94% (compared to 4.5% in November)
- Indirect bid at 34.9% (49.3% in November, 47.3% in October – foreigners are slowly shutting out the US)
- Alloted at high 67.28%
Very ugly auction: