Post Profile

Dealers Rescue Very Weak 2 Year Auction As Indirects Flee From Short End, Despite Record Low Yield

Following recent speculation originating from Bill Gross that Operation Twist would materialize possibly as soon as last week's FOMC statement and cap rates on 2-3 Year Bonds, the yield on the 3 Year had fallen to unprecedented low levels. Well, the FOMC came and went, and now everyone has to wait until this year's version of Jackson Hole for OT2 to come to market. However, many have decided not to wait.
read more

See more about: Record Low

Related Posts

Highest Yield Since May 2011, Record Low Dealer Take Down, Make Today's 5 Year Auction A Whopper

Business & Finance : Zero Hedge

Following yesterday's uninspiring 2 Year bond auction, today's 5 Year issuance of $35 billion was a whopper. Because while it was known well in advance that today's closing high yield of 1.715%, which priced through the When Issued ...

Indirect Interest Surges In $32 Billion 3 Year Auction Which Prices At Record Low 0.50% Yield

Business & Finance : Zero Hedge

Any concerns that the first bond auction following the US downgrade may not price well can be put to rest. Not surprisingly, following the historic rout in the stock market over the past week which has seen nearly $8 trillion in glo...

Five Year Bond Auction Comes Weak Despite Fresh Record Low Yield

Business & Finance : Zero Hedge

In sharp contrast to the "WTF" 10 Year auction from 2 weeks ago, which smashed virtually every record, and saw a record 45.4% direct take down, today's $35 billion in 5 Years was a pale comparison. Yes, the bond priced at a new all ...

30 Year Bond Prices At Record Low Yield As China Flees, Direct Purchases Soar

Business & Finance : Zero Hedge

The "benefit" of Operation Twist for the long end shone through today as the Treasury priced $13 billion in a 30 Year reopening, which came at a record low yield of 3.12%: this was 4 basis points inside the When Issued of 3.16% so a...

Weak 3 Year Aution Sees Lowest Indirect Take Down Since 2007 Despite Record Low Yield

Business & Finance : Zero Hedge

A rather curious result in today's just completed 3 Year $32 billion bond auction, which concluded on surprisingly weak terms, despite the High Yield coming at 0.327% or precisely where the When Issued expected it would, which also ...


Copyright © 2016 Regator, LLC