U.S. Treasury auctions off $39 billion of 10 year notes at a high yield of 4.282%

WI level at the time of the auction US treasury auctioned off $39 billion of 10 year notes at a high yield of 4.282%High-yield 4.282%WI level at the time of the auction 4.280%Tail 0.2 basis points versus 6 auction average of 0.3 basis points.Bid to cover 2.43X versus average 2.49XDirects 23.9% versus average 19.2%.Indirect 65.3% versus average of… US treasury auctioned off $39 billion of 10 year notes at a high yield of 4.282% . High-yield 4.282% WI level at the time of the auction 4. US treasury auctioned off $39 billion of 10 year notes at a high yield of 4.282% High-yield 4.282% WI level at the time of the auction 4.280% Tail 0.2 basis points versus 6 auction average of 0.3 basis points. Bid to cover 2.43X versus average 2.49X Directs 23.9% versus average 19.2%. Indirect 65.3% versus average of 71.0%. Dealers 10.8% versus average of 9.8% Auction grade C+ The results from the… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.