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Review 30Y TIPS Re-Open -- Strong Demand

US TSYS/SUPPLY
Tsys inching higher after $8B 30Y TIPS re-open stops through: -0.292% vs. -0.285% WI.
  • Highest since August 2019, indirect take-up climbs to 74.89% -- just below 5-auction average of 75.18%.
  • Direct take-up 12.38% vs. 8.87% 5 auction avg; dealer take-up 12.72% vs. 15.94% avg.

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