Auction Grade: C+
Highlights:
No tail. The bid to cover was right on the six month average. Directs (domestic demand) was a touch higher than the average. Indirects were marginally higher as well. Dealers were saddled with a bit lower than the average.
Overall, a bit higher than average
Would have to hike again if inflation outlook worsenedPremature to discuss about rate cuts, would prefer to err on...
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Prior 98Manufacturing confidence 99Prior 99Services confidence 100Prior 100Employment conditions declined further from 103 in October to 101 in November...
