US sells $18 billion of 10 year TIPS a yield of 1.935%

• Hghi yield 1.935%
• Tail 0.5 basis points
• Bid to cover 2.35X vs six-month average of 2.39X
• Directs 23.2% versus 19.5% average
• Indirects 67.4% versus 69.69% average

This article was written by Greg Michalowski at www.forexlive.com.