Free Trial
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.
US TSYS/SUPPLY
We've just published our latest UST Issuance Deep Dive - PDF ANALYSIS HERE
- The November 1 Treasury refunding announcement brought a more market-friendly announcement than had been expected/feared by some analysts - even so the upsizing was substantial, with the November refunding month bringing $276B in coupon sales, vs $246B in August’s refunding.
- November’s coupon auctions were generally mixed, with 4 coupons tailing and 3 trading through. However, three of the tailing auctions were extremely weak, while the 20Y trade-through stood out as the strongest.
- We don’t usually single out individual auctions in our monthly Deep Dives but November’s 30Y Bond auction was historically weak and - while possibly a one-off - does not bode well for demand for duration.
- The December auction schedule kicks off with 3Y Note and 10Y Note on Dec 11 – details to be announced on Dec 7.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok