Free Trial

Bonds Surge After Strong 30Y Auction Re-Open

US TSY FUTURES
Yield curves getting whipped around today, short end reversing earlier steeper levels to flatter post auction, 5s and 10s vs. 30s holding steeper after 30Y R/O draws high yld of of 2.320%.
  • Stop through of 1.5bp well above five auction avg of only 0.1bp, topping last Dec's 1.2bp stop. Bid-to-cover 2.47x well above 2.34x five auction avg.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.