Treasury's Long Bond Auction Sees Strong Demand, Smooth Execution With the week shortened by an upcoming public holiday on Thursday and a highly anticipated statement from the Federal Reserve scheduled for the day prior, activity in the bond market has been significantly compressed. As a result, there was a notable auction held today around m...
Treasury's 3-Year Bond Auction Sees Strong Demand and Record Metrics The latest auction of three-year Treasury notes was a remarkable success, standing in stark contrast to the previous four underwhelming sales. The issuance of $58 billion in three-year securities yielded exceptional results, drawing strong demand from investors. The final yi...
Disastrous 20-Year Treasury Auction Signals Weak Investor Demand Today's 20-year Treasury auction was a clear disappointment, signaling weak demand for long-term U.S. government debt. The $16 billion sale priced at a high yield of 4.680%, which was 3 basis points above the 4.650% "when issued" yield. This marked the third consecutive auction ...
10-Year Treasury Auction Yields Higher Amid Election, Market Volatility Today's 10-year Treasury auction, which typically garners significant market attention and often stands as one of the biggest market events of the week, was somewhat overshadowed. In a typical quarter, the refunding auction is particularly significant. However, today, the...
Treasury Auction Disappoints as Yields Surge Amid Market Selloff On a day when stocks are plunging, driven by the sudden recognition of rising yields, expectations were high for today's reopening of the 20-year Treasury auction, specifically for the 19-year, 10-month Cusip UD8. However, the auction didn't live up to those expectations. The hi...