Free Trial

J.P.Morgan On 20-Year Tsy & 30-Year TIPS Supply Announcement

US TSYS

J.P.Morgan note that Thursday will see Treasury “announce $9bn new 30-Year TIPS (2/15/52 maturity) for auction next week, unchanged in size from the last new-issue auction. We estimate that fair value for the roll is -0.5bp. Treasury will also announce $19bn new 20-Year bonds for auction next Wednesday, $4bn smaller than last new-issue auction in November. We think the roll should open at +1.00bp.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.