Free Trial
US TSY OPTIONS

5Y Weekly Midcurve Call Spd

EQUITY TECHS

E-MINI S&P (Z2): Trading Above Last Week’s Low

SOY TECHS

(F3) Trend Needle Still Points North

NATURAL GAS

Volatile TTF on Weather and Supply Risks

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Preview 7Y Note Auction

US TSYS/SUPPLY

Tsy $36B 7Y-Note auction (91282CFL0) at the top of the hour, WI currently running around 3.897%, 76.7bp cheap to last month's stop.

  • August auction recap: Tsys extended highs after strong $37B 7Y note auction (91282CFJ5) stopped through: 3.130% high yield vs. 3.159% WI; 2.65x bid-to-cover vs. 2.60x last month.
    • Indirect take-up: climbs to 75.72% vs. 70.93% in July; Direct take-up: falls to 15.70% vs. 18.44% prior; Primary dealer take-up: falls to 8.58% vs. last month's 10.63%
  • Timing: The 7Y note results will available shortly after the competitive auctions closes at 1300ET.
88 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Tsy $36B 7Y-Note auction (91282CFL0) at the top of the hour, WI currently running around 3.897%, 76.7bp cheap to last month's stop.

  • August auction recap: Tsys extended highs after strong $37B 7Y note auction (91282CFJ5) stopped through: 3.130% high yield vs. 3.159% WI; 2.65x bid-to-cover vs. 2.60x last month.
    • Indirect take-up: climbs to 75.72% vs. 70.93% in July; Direct take-up: falls to 15.70% vs. 18.44% prior; Primary dealer take-up: falls to 8.58% vs. last month's 10.63%
  • Timing: The 7Y note results will available shortly after the competitive auctions closes at 1300ET.