CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI BRIEF: BOJ Tankan To Show Slipping Sentiment

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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 Tsy 3Y Note Auction

US TSYS/SUPPLY

US Tsy kicks off week with first reduced size coupon sales at the top of the hour: $56B 3Y-Note (91282CDH1), followed by $39B 10Y Tue and $25B 30Y on Wed -- faster pace with markets closed Thursday for Veterans Day holiday.

  • WI is currently running around 0.735%, appr 10bp cheaper to last month's high yield. Oct recap:
  • Treasury futures held gains after $58B 3Y note auction's (91282CDB4) small stop: 0.635% high yield vs. 0.637% WI; 2.36x bid-to-cover vs. 2.46x 5-auction average.
  • Indirect take-up receded: 44.23% vs. 56.67% prior, while direct bidder take-up holds near 1+ year high at 18.87%. Primary dealer take-up climbs to 36.90% vs. Sep's 24.37% and well above 27.78% 5M average.

Timing: The 3Y note sale results will available shortly after the competitive auctions closes at 1300ET. The next 3Y auction is tentatively scheduled for December 7.

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.