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US Treasury Auction Calendar

3Y Note Tails, Tsy futures extend session lows

Treasury futures extend lows (TYU4 109-01.5, -8.5) after $58B 3Y note auction (91282CKV2) tails 1.1bp: 4.659% high yield vs. 4.648% WI; 2.43x bid-to-cover vs. 2.63x prior month (Jan high).

  • Indirect take-up slips to 64.14% vs. 65.52% prior; direct bidder take-up falls to 15.90% vs. 19.6% prior; primary dealer take-up rebounds to 19.96% vs. 14.87% prior.
  • The next 3Y auction is tentatively scheduled for July 9.
DateTimeAmtSecurityCusip,
10-Jun1130ET$70B13W Bill(912797KK2), 5.250%
10-Jun1130ET$70B26W Bill(912797LP0), 5.165%
10-Jun1300ET$58B3Y Note(91282CKV2), 4.659% vs. 4.648% WI
11-Jun1130ET$46B52W Bill(912797LN5)
11-Jun1130ET$60B42D Bill CMB(912797JT5)
11-Jun1300ET$39B10Y Note R/O(91282CKQ3)
12-Jun1130ETTBA17W Bill(912797LT2)
13-Jun1130ETTBA4W Bill(912797KP1)
13-Jun1130ETTBA8W Bill(912797KX4)
13-Jun1300ET$22B30Y Bond R/O(912810UA4)
17-Jun1130ETTBA13W Bill(912797KL0)
17-Jun1130ETTBA26W Bill(912797LQ8)
18-Jun1130ETTBA42D Bill CMB(912797JT5)
18-Jun1300ET$21B20Y Bond R/O(912810UB2)
20-Jun1300ET$13B5Y TIPS R/O(91282CKL4)
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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