2Y Auction Sees Lowest Bid-to-Cover Since 2009 - Bonds & Currency News | Market News

June 27, 2024 16:11 GMT 2Y Auction Sees Lowest Bid-to-Cover Since 2009 CANADA - Canada sold $5.5bn of the 4% Aug’26 at an average yield of 3.912%. - The bid-to-cover of 2.085x is the lowest since 2009 and compares with 2.384x on May 30 or a
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