10Y Treasury Auction Bid-to-Cover

Bid-to-cover ratio at the most recent 10-year Treasury note auction (TreasuryDirect). Above 2.5 reflects strong demand; below 2.0 signals weak demand.

Category: macro. Macro economic indicators track monetary policy, liquidity conditions, and traditional market positioning. Changes in these metrics often lead Bitcoin price moves by days or weeks.

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Used in briefings: Treasury Auction Calendar and Dynamics

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