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US Treasury Auction Strong · S&P 500 Rises

Real Investment Advice ·

BAC Bank Of America Corp
$54.58 +0.48%
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  1. 1The bid-to-cover ratio for the $39 billion 10-year Treasury auction was 2.77.
  2. 2The $22.5 billion 30-year Treasury auction exceeded market expectations.
  3. 3The S&P 500 closed Friday at 7,811.51, up 1.15% for the week, maintaining its primary trend.

So what's the key point?

The bid-to-cover ratio for the $39 billion 10-year Treasury auction was 2.77.

Source Real Investment Advice · View original ↗

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