US Treasury Auction Calendar: Busy Supply Wk, 2Y on the Screws

Tsy futures holding near recent session lows after the $69B 2Y note auction (91282CME8) came out on the screws: 4.335% high yield vs. 4.335% WI; 2.73x bid-to-cover vs. 2.77x prior.
Indirect take-up climbed to 82.09% from 71.63% prior, directs slips to 6.65% vs. 19.17% prior, primary dealer take-up 11.26% vs. 9.20% prior. The next 2Y auction is tentatively scheduled for January 27.

Date	Time	Amt	Security	Cusip, Yield
23-Dec	1000ET	$81B	13W Bills	(912797MU8), 4.24%
23-Dec	1000ET	$72B	26W Bills	(912797NW3), 4.17%
23-Dec	1130ET	$48B	52W Bills	(912797NU7), 4.07%
23-Dec	1130ET	$65B	42D CMB	(912797MJ3), 4.28%
23-Dec	1300ET	$69B	2Y Note	(91282CME8), 4.335% vs. 4.335% WI
24-Dec	1130ET	$28B	2Y FRN	(91282CLT6)
24-Dec	1300ET	$70B	5Y Note	(91282CMD0)
26-Dec	1130ET	TBA	4W Bills	(912797MZ7)
26-Dec	1130ET	TBA	8W Bills	(912797NJ2)
26-Dec	1130ET	TBA	17W Bills	(912797PB7)
26-Dec	1300ET	$44B	7Y Note	(91282CMC2)

30-Dec	1130ET	TBA	13W Bills	26-Dec
30-Dec	1130ET	TBA	26W Bills	26-Dec
2-Jan	1130ET	TBA	4W Bills	31-Dec
2-Jan	1130ET	TBA	8W Bills	31-Dec
2-Jan	1130ET	TBA	17W Bills	31-Dec

6-Jan	1130ET	TBA	13W Bills	2-Jan
6-Jan	1130ET	TBA	26W Bills	2-Jan
7-Jan	1300ET	TBA	3Y Note	2-Jan
8-Jan	1300ET	TBA	10Y Note R/O	2-Jan
9-Jan	1300ET	TBA	30Y Bond R/O	2-Jan

22-Jan	1300ET	TBA	20Y Bond R/O	16-Jan
23-Jan	1300ET	TBA	10Y TIPS	16-Jan

27-Jan	1130ET	TBA	2Y Note	23-Jan
27-Jan	1300ET	TBA	5Y Note	23-Jan
28-Jan	1130ET	TBA	2Y FRN	23-Jan
28-Jan	1300ET	TBA	7Y Note	23-Jan

11-Feb	1300ET	TBA	3Y Note	5-Feb
12-Feb	1300ET	TBA	10Y Note	5-Feb
13-Feb	1300ET	TBA	30Y Bond	5-Feb

19-Feb	1300ET	TBA	20Y Bond	13-Feb
20-Feb	1300ET	TBA	30Y TIPS	13-Feb

24-Feb	1300ET	TBA	2Y Note	20-Feb
25-Feb	1300ET	TBA	5Y Note	20-Feb
26-Feb	1300ET	TBA	2Y FRN R/O	20-Feb
26-Feb	1300ET	TBA	7Y Note	20-Feb

11-Mar	1300ET	TBA	3Y Note	6-Mar
12-Mar	1300ET	TBA	10Y Note R/O	6-Mar
13-Mar	1300ET	TBA	30Y Bond R/O	6-Mar

18-Mar	1300ET	TBA	20Y Bond R/O	13-Mar
20-Mar	1300ET	TBA	10Y TIPS R/O	13-Mar

25-Mar	1300ET	TBA	2Y Note	20-Mar
26-Mar	1300ET	TBA	2Y FRN R/O	20-Mar
26-Mar	1300ET	TBA	5Y Note	20-Mar
27-Mar	1300ET	TBA	7Y Note	20-Mar

8-Apr	1300ET	TBA	3Y Note	3-Apr
9-Apr	1300ET	TBA	10Y Note R/O	3-Apr
10-Apr	1300ET	TBA	30Y Bond R/O	3-Apr

16-Apr	1300ET	TBA	20Y Bond R/O	10-Apr
17-Apr	1300ET	TBA	5Y TIPS	10-Apr

22-Apr	1300ET	TBA	2Y Note	17-Apr
23-Apr	1300ET	TBA	2Y FRN	17-Apr
23-Apr	1300ET	TBA	5Y Note	17-Apr
24-Apr	1300ET	TBA	7Y Note	17-Apr

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Tsy futures holding near recent session lows after the $69B 2Y note auction (91282CME8) came out on the screws: 4.335% high yield vs. 4.335% WI; 2.73x bid-to-cover vs. 2.77x prior.
Indirect take-up climbed to 82.09% from 71.63% prior, directs slips to 6.65% vs. 19.17% prior, primary dealer take-up 11.26% vs. 9.20% prior. The next 2Y auction is tentatively scheduled for January 27.

Date	Time	Amt	Security	Cusip, Yield
23-Dec	1000ET	$81B	13W Bills	(912797MU8), 4.24%
23-Dec	1000ET	$72B	26W Bills	(912797NW3), 4.17%
23-Dec	1130ET	$48B	52W Bills	(912797NU7), 4.07%
23-Dec	1130ET	$65B	42D CMB	(912797MJ3), 4.28%
23-Dec	1300ET	$69B	2Y Note	(91282CME8), 4.335% vs. 4.335% WI
24-Dec	1130ET	$28B	2Y FRN	(91282CLT6)
24-Dec	1300ET	$70B	5Y Note	(91282CMD0)
26-Dec	1130ET	TBA	4W Bills	(912797MZ7)
26-Dec	1130ET	TBA	8W Bills	(912797NJ2)
26-Dec	1130ET	TBA	17W Bills	(912797PB7)
26-Dec	1300ET	$44B	7Y Note	(91282CMC2)

30-Dec	1130ET	TBA	13W Bills	26-Dec
30-Dec	1130ET	TBA	26W Bills	26-Dec
2-Jan	1130ET	TBA	4W Bills	31-Dec
2-Jan	1130ET	TBA	8W Bills	31-Dec
2-Jan	1130ET	TBA	17W Bills	31-Dec

6-Jan	1130ET	TBA	13W Bills	2-Jan
6-Jan	1130ET	TBA	26W Bills	2-Jan
7-Jan	1300ET	TBA	3Y Note	2-Jan
8-Jan	1300ET	TBA	10Y Note R/O	2-Jan
9-Jan	1300ET	TBA	30Y Bond R/O	2-Jan

22-Jan	1300ET	TBA	20Y Bond R/O	16-Jan
23-Jan	1300ET	TBA	10Y TIPS	16-Jan

27-Jan	1130ET	TBA	2Y Note	23-Jan
27-Jan	1300ET	TBA	5Y Note	23-Jan
28-Jan	1130ET	TBA	2Y FRN	23-Jan
28-Jan	1300ET	TBA	7Y Note	23-Jan

11-Feb	1300ET	TBA	3Y Note	5-Feb
12-Feb	1300ET	TBA	10Y Note	5-Feb
13-Feb	1300ET	TBA	30Y Bond	5-Feb

19-Feb	1300ET	TBA	20Y Bond	13-Feb
20-Feb	1300ET	TBA	30Y TIPS	13-Feb

24-Feb	1300ET	TBA	2Y Note	20-Feb
25-Feb	1300ET	TBA	5Y Note	20-Feb
26-Feb	1300ET	TBA	2Y FRN R/O	20-Feb
26-Feb	1300ET	TBA	7Y Note	20-Feb

11-Mar	1300ET	TBA	3Y Note	6-Mar
12-Mar	1300ET	TBA	10Y Note R/O	6-Mar
13-Mar	1300ET	TBA	30Y Bond R/O	6-Mar

18-Mar	1300ET	TBA	20Y Bond R/O	13-Mar
20-Mar	1300ET	TBA	10Y TIPS R/O	13-Mar

25-Mar	1300ET	TBA	2Y Note	20-Mar
26-Mar	1300ET	TBA	2Y FRN R/O	20-Mar
26-Mar	1300ET	TBA	5Y Note	20-Mar
27-Mar	1300ET	TBA	7Y Note	20-Mar

8-Apr	1300ET	TBA	3Y Note	3-Apr
9-Apr	1300ET	TBA	10Y Note R/O	3-Apr
10-Apr	1300ET	TBA	30Y Bond R/O	3-Apr

16-Apr	1300ET	TBA	20Y Bond R/O	10-Apr
17-Apr	1300ET	TBA	5Y TIPS	10-Apr

22-Apr	1300ET	TBA	2Y Note	17-Apr
23-Apr	1300ET	TBA	2Y FRN	17-Apr
23-Apr	1300ET	TBA	5Y Note	17-Apr
24-Apr	1300ET	TBA	7Y Note	17-Apr

MNI China Daily Summary: Monday, December 23

MNI: China Steel Demand Seen Falling Next Year

MNI: China CFETS Yuan Index Up 0.83% In Week of Dec 20

MNI: PBOC Net Drains CNY643.5 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1870 Mon; -2.26% Y/Y

MNI China Daily Summary: Friday, December 20

EZ/UK T-Bill Calendar: Greece to Sell Bills New Year's Eve

EZ/UK Bond Supply Calendar: BOE APF Sales Due 6 January

MNI: CANADA NOV INDUSTRIAL PRICES +0.6% MOM; EX-ENERGY +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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US Treasury Auction Calendar: Busy Supply Wk, 2Y on the Screws

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