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US Treasury Auction Calendar

Review 20Y Bond Auction: On the Screws

Little react in Tsy futures to in-line 20Y sale: TYM3 109-04.5, after $16B 20Y bond auction (912810UB2) came out on the screws: 4.635% high yield vs. 4.636% WI; 2.51x bid-to-cover lowest since February vs. prior month's 2.82x.

  • Indirect take-up the lowest since Feb'24 at 70.76% vs. 74.71% last month; direct bidder take-up 19.81% vs. 16.21% prior; primary dealer take-up the highest since Feb'24 at 10.06% vs. 9.09% prior.
  • The next 20Y auction (re-open) is tentatively scheduled for June 20.
22-May1130ET$60B17W Bill(912797LJ4), 5.235%
22-May1300ET$16B20Y Bond(912810UB2), 4.635% VS. 4.636% WI
23-May1300ET$80B4W Bill(912797KG1)
23-May1300ET$80B8W Bill(912797KQ9)
23-May1300ET$16B10Y TIPS R/O(91282CJY8)
28-May1130ETTBA13W Bill(912797KD8)
28-May1130ETTBA26W Bill(912797HP5)
28-May1130ETTBA42D CMB(912797GB7)
28-May1300ET$69B2Y Note(91282CKS9)
28-May1300ET$70B5Y Note(91282CKT7)
29-May1130ETTBA17W Bill23-May
29-May1130EYTBA2Y FRN R/O(91282CKM2)
29-May1300ET$44B7Y Note(91282CKU4)
10-Jun1300ET$58B3Y Note6-Jun
11-Jun1300ET$39B10Y Note R/O6-Jun
13-Jun1300ET$22B30Y Bond R/O6-Jun
18-Jun1300ET$21B5Y TIPS R/O13-Jun
20-Jun1300ET$13B20Y Bond R/O13-Jun
25-Jun1300ET$69B2Y Note20-Jun
26-Jun1130ETTBA2Y FRN R/O20-Jun
26-Jun1300ET$70B5Y Note20-Jun
27-Jun1300ET$44B7Y Note20-Jun
9-Jul1300ET$58B3Y Note3-Jul
10-Jul1300ET$39B10Y Note R/O3-Jul
11-Jul1300ET$22B30Y Bond R/O3-Jul
17-Jul1300ET$13B20Y Bond R/O11-Jul
18-Jul1300ET$19B10Y TIPS11-Jul
23-Jul1300ET$69B2Y Note18-Jul
24-Jul1130ETTBA2Y Note FRN18-Jul
24-Jul1300ET$70B5Y Note18-Jul
25-Jul1300ET$44B7Y Note18-Jul

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