Post Profile






$20 Billion In 10Y Paper Prices "On The Screws"

Following the stronger than expected 3Y auction, moments ago the US Treasury completed today's second bond auction, when it sold $20 billion in 10Y paper, which priced "on the screws" at 1.793%, or right on top of the When Issued, and modestly above September's 1.699%. Just like in today's earlier auction, the Bid to Cover rebounded to 2.53 from last month's 2.35. The internals, also like in the previous auction, were in line, with Indirects taking down 62.
read more

share

Related Posts


Poor Demand For 3, 10 Year Paper Ahead Of Brainard Speech

Business & Finance : Zero Hedge

Nobody was expecting strong auctions into today's double issuance of 3 and 10Y paper (despite a near-fails repo rate on the 10Year), and nobody got them. Moments ago, the Treasury announced it sold $24 billion in 3 Year paper and $2...

Tailing, Weak 30 Year Bond Auction Disrupts Treasury Long End

Business & Finance : Zero Hedge

If yesterday's 10 Year auction priced stronger than expected during yesterday's NYSE-trading vacuum, today's 30 Year was the mirror image, with the Treasury selling $13 billion in 30 Year paper far weaker than the When Issued market...

Strong 30 Year Auction Sees Second Highest Ever Allotment To Foreign Central Banks

Business & Finance : Zero Hedge

After one poor (the 3Y), and one stellar (the 10Y) auction earlier this week, today the Treasury concluded the weekly issuance with the sale of $16 billion in 30 Year paper. The auction priced moments ago at a high yield (95.55% all...

5 Year Bond Auction With Highest Yield For 2015 Leads To Strong Demand, Jump In Direct Bidders

Business & Finance : Zero Hedge

A day after the 2 Year auction surprised with solid demand all around, moments ago the US Treasury issued $35 billion in 5 Year paper which also came stronger than some had expected, pricing at a yield of 1.56%, 0.6 bps through the ...

Indirect Bidders Take More Than Half In Tailing 5 Year Treasury Auction

Business & Finance : Zero Hedge

Following yesterday's tailing 2 Year bond auction, moments ago the Treasury sold another $35 billion in 5 year paper which in today's soaring bond complex was expected to show scorching demand. Curiously, while the When Issued was t...

Comments


Copyright © 2016 Regator, LLC