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Market Facts — February 9, 2007

Assessing Foreign Auction Participation While foreign auction participation and indirect bid percentages are valuable tools in determining foreign demand for U.S. bonds, their importance on a micro level may be overstated. Like the net purchases of U.S. Treasuries by All Foreigners reported in the TIC Update, these series should be looked at on a much… Continue reading Untitled

Open Assessing Foreign Auction Participation
While foreign auction participation and indirect bid percentages are valuable tools in determining foreign demand for U.S. bonds, their importance on a micro level may be overstated. Like the net purchases of U.S. Treasuries by All Foreigners reported in the TIC Update, these series should be looked at on a much larger time frame.