Trial now
JGB TECHS

(U1) Fades Off 2021 Highs

US TSYS

BMO Maintain "Range-Trading Bias"

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

J.P.Morgan note that Thursday will see the Treasury "announce end-of-month supply for auction next week. We expect Treasury to announce $60bn 2-Year notes, $61bn 5-Year notes, and $62bn 7-Year notes, all unchanged in size since last month, and we also project $28bn new 2-Year FRNs, unchanged in size from the last new-issue auction. We think the 2-, 5-, and 7-Year rolls should open at +1.375bp, +1.5bp, and +1.5bp, respectively."