News Headline Summary

Results of USD 24bln 10y note auction:

- Yield 1.675% vs. Exp. 1.674%, WI stopped at 1.660%
- B/C 2.59 vs. Avg. 3.05 (Prev. 3.26)
- Indirects 39.7% vs. Avg. 40.12% (Prev. 41.40%)
- Allotted at high 41.69%

Reaction details:

- T-notes fell from 133.22+ to 133.18 in immediate reaction to this lacklustre auction.

Print 18:02, 07 Nov 2012 - Fixed Income - Source: Newswires