Free Trial

Review 5Y Auction: Strong

US TSYS/SUPPLY

Tsys bounce slightly after strong $49B 5Y note auction (91282CJA0): 4.659% high yield vs. 4.672% WI; 2.52x bid-to-cover vs. 2.54x in the prior month

  • Indirect take-up at 71.15% vs. 67.92% prior; Direct take-up 17.62% vs. 18.25% prior; Primary dealer take-up 11.23% vs. 13.83%.
  • The next 5Y auction is tentatively scheduled for Oct 25

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.