Free Trial
EURUSD TECHS

Channel Top Is Key Resistance

US TSY FUTURES

BLOCK, 2Y Trade

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Preview $49B 5Y Note Auction

US TSYS/SUPPLY

$49B 5Y-Note auction (91282CEN7) at the top of the hour, WI currently running around 2.787%, 24.4bp cheaper to last month's stop.

  • March auction review:
    • Tsy futures gained after $51B 5Y note auction (91282CEF4) stopped through: 2.543% high yield vs. 2.553% WI; 2.53x bid-to-cover vs. 2.46x 5 month avg.
    • Indirect take-up: slipped to 60.2% vs. 67.8% in Feb; Primary dealer take-up: climbed to 20.1% vs. 13.8%; Direct take-up 19.7% vs. 18.4%.
  • Timing: The 5Y note results will available shortly after the competitive auctions closes at 1300ET.
82 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

$49B 5Y-Note auction (91282CEN7) at the top of the hour, WI currently running around 2.787%, 24.4bp cheaper to last month's stop.

  • March auction review:
    • Tsy futures gained after $51B 5Y note auction (91282CEF4) stopped through: 2.543% high yield vs. 2.553% WI; 2.53x bid-to-cover vs. 2.46x 5 month avg.
    • Indirect take-up: slipped to 60.2% vs. 67.8% in Feb; Primary dealer take-up: climbed to 20.1% vs. 13.8%; Direct take-up 19.7% vs. 18.4%.
  • Timing: The 5Y note results will available shortly after the competitive auctions closes at 1300ET.