Free Trial

Review $53B 5Y Note Auction

US TSYS/SUPPLY

Tsy futures holding modestly weaker, lower half of session range after $53B 5Y note auction (91282CEC1) small stop: 1.880% high yield vs. 1.882% WI; 2.49x bid-to-cover vs. 2.50x last month.

  • Indirect take-up: eases to 6781% vs. 68.72% (+1Y high) prior
  • Primary dealer take-up: recedes 13.76% vs. 14.80%; Direct take-up climbs to 18.43% vs. 16.48%.
  • The next 10Y auction is tentatively scheduled for Mar 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.