Free Trial

Review 30Y Bond Auction: Strong

US TSYS/SUPPLY

Tys climb back near midday highs after strong $21B 30Y auction (912810TL2): 3.2bp stop-through with 4.080% high yield vs. 4.112% WI; 2.42x bid-to-cover vs. 2.39x prior month.

  • Indirect take-up 69.93% vs. 69.13% prior; direct bidder take-up 20.39% vs. 18.65% prior; primary dealer take-up 9.68% vs.12.22%.
  • The next 30Y auction (re-open) is tentatively scheduled for December 13

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.