Free Trial

Review 20Y Bond Auction Re-Open: Strong Sale

US TSYS/SUPPLY

Tsy futures bid accelerates after strong $12B 20Y bond auction re-open (912810TM0) trades through: 3.678% high yield vs. 3.702% WI; 2.83x bid-to-cover vs. prior month's 2.68x.

  • Indirect take-up 76.25% vs. 72.30% prior month; direct bidder take-up 15.61% vs. 19.01% prior; primary dealer take-up 8.14% vs. 8.69%.
  • Next 20Y auction (re-open) is tentatively scheduled for February 15.

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.