Japan Cuts Bond Supply, Easing Global Yields and Boosting US Auction After a prolonged stretch of turmoil in the bond markets that left investors uneasy, Japan has finally taken action. For weeks, the Japanese bond market had been experiencing severe stress, particularly in the sector dealing with ultra-long-term bonds. Yields were climbing t...
Strong 10Y Bond Auction Overshadowed by Weak Direct Demand The ten-year government bond auction has officially concluded, and on the surface, it seemed to be a strong performance, especially when compared to the disappointing results of the three-year auction that took place the day before. However, a closer examination of the details beneath...
US Treasury 20-Year Bond Auction Sees Strong Demand and Low Yields The latest government bond auction has just concluded, and it turned out to be an extraordinary success, exceeding expectations by a significant margin. The day started with bond yields trending upwards before reversing course and moving lower. Against this backdrop, the US Tr...
Strong Ten-Year Bond Auction Defies Yield Concerns, Prices at 4.31% One day after a disappointing outcome in the previous three-year bond auction, there was some concern that the latest ten-year bond auction might face an even tougher challenge, especially given the recent rise in yields. However, the reality turned out to be quite the opposi...
Disappointing 30-Year Treasury Auction Ends Refunding Week Weakly The week of refunding auctions ended on a disappointing note with the sale of $25 billion in 30-year bonds, which received a muted response from the market. This followed a strong three-year auction and a lackluster ten-year auction. The 30-year bond auction concluded with a hi...
US Treasury Auction: Solid Demand for $58B 3-Year Notes Amid Debt Surge As the year draws to a close, the United States continues to grapple with its ever-expanding government debt, which recently reached a staggering record of $36.17 trillion. This persistent financial demand shows no signs of slowing down, regardless of the time of year, na...