- Prior was 4.121%
- Bid to cover 2.41 vs 2.40 prior
The results are a tad worse than expected in the when-issued market but not meaningfully so. There was something of a concession in the past few hours but I still think you get a sign of relief here, though I’ll be watching closely.
This article was written by Adam Button at www.forexlive.com.
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