stavolta le banche straniere hanno disertato, hanno preso solo il 10% del totale contro il 67% di ieri all'asta dei 5y t-note
US Treasuries fall further as auction disappoints
NEW YORK, Dec 9 (Reuters) - U.S. Treasuries prices added to early losses on Thursday after an auction of new U.S. government debt attracted disappointing demand from private and foreign investors.
The sale of $9 billion in reopened 10-year Treasury notes went at a high yield of 4.15 percent. It drew bids for a respectable 2.68 times the amount on offer, compared to a lowly 2.12 at the last reopening in September.
However, indirect bidders, including private investors and foreign central banks, picked up only $879 million, or 10 percent of the whole issue. That compares to 40 percent in the original sale of the notes in November but at least was better than the paltry 2.8 percent that was seen at the last reopening.
Primary dealers ended up with $8.04 billion of notes, thus underwriting the bulk of the issue.
The current 10-year note <US10YT=RR> shed 8/32 in price, lifting its yield to 4.15 percent from 4.12 percent on Wednesday.
