FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Preview 10Y Note Auction

US TSYS/SUPPLY

Coming up: $41B 10Y-Note R/O (91282CCS8). 10Y yield is currently running around 1.372% -- in-line with July's auction:

  • Tsy futures bounced off lows after last month's strong 10Y-Note re-open stopped through with 1.371% high-yield vs. 1.375% WI at the cut-off.
  • July bid-to-cover slipped to 2.39x vs. June's 2.58x -- the highest in over a year, but closer to the five month average of 2.43x.
  • Indirect take-up eased slightly to 63.48% vs. 61.09% 5M avg, direct bidders slipp to 17.48% vs. June's 19.23% (>1Y high). Primary dealer take-up climbed to 19.04% vs. June's 15.73%, but still off 21.06% five month average
  • Timing: The 10Y note auction results will available shortly after the competitive auctions closes at 1300ET.
  • The next 10Y auction is tentatively scheduled for September 8.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.