Free Trial

Review $35B 7Y Auction: Trades Through

US TSYS/SUPPLY

Tsys futures pare losses slightly after the $35B 7Y note auction (91282CHF1) trades through for a change: 3.827% high yield vs. 3.835% WI; 2.61x bid-to-cover vs. 2.41x last month.

  • Indirect take-up 72.30% vs. 64.11% prior; Direct take-up: 17.29% vs. 21.08% prior; Primary dealer take-up to 10.42% vs. 14.81% prior auction.
  • The next 7Y auction is tentatively scheduled for June 28.

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.