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US Treasury Auction Calendar: Rish of Early Week Supply

  • US TSYS/SUPPLY:Review 2Y Auction: Tsy futures remain bid (TYH5 +18 at 109-01) after the latest $69B 2Y note auction (91282CMH1) comes out nearly in line: 4.2110% high yield vs. 4.210% WI; 2.66x bid-to-cover vs. 2.73x prior.
  • Indirect take-up retreated to 65.02% from 82.09% prior, directs rebounded to 21.27% vs. 6.65% prior, primary dealer take-up 13.71% vs. 11.26% prior.
  • US TSYS/SUPPLY:Review 5Y Note Auction: Modest Stop-Through: Tsy futures gain slightly (TYH5 trades 109-05 last, +25) after $70B 5Y note auction (91282CMG3) stops 0.5bp through (third consecutive stop since June): drawing 4.330% high yield vs. 4.335% WI; 2.40x bid-to-cover steady to prior auction.
  • Peripheral stats show indirect take-up  62.79% vs. 67.27% prior, directs rise to 26.09% vs. 20.26% prior (highest since Jul 2014), primary dealer take-up 11.12% vs. 12.47% prior.

    27-Jan1130ET$84B13W Bills(912797ND5), 4.195%
    27-Jan1130ET$72B26W Bills(912797PG6), 4.140%
    27-Jan1300ET$69B2Y Note(91282CMH1), 4.211% vs. 4.210% WI
    27-Jan1300ET$70B5Y Note(91282CMG3), 4.330% vs. 4.335% WI
    28-Jan1130ET$85B42D CMB Bills(912797MT1)
    28-Jan1130ET$30B2Y FRN(91282CMJ7)
    28-Jan1300ET$44B7Y Note(91282CMK4)
    29-Jan1130ETTBA17W Bills(912797PL5)
    30-Jan1130ETTBA4W Bills(912797NK9)
    30-Jan1130ETTBA8W Bills(912797NT0)
         
    11-Feb1300ETTBA3Y Note5-Feb
    12-Feb1300ETTBA10Y Note5-Feb
    13-Feb1300ETTBA30Y Bond5-Feb
         
    19-Feb1300ETTBA20Y Bond13-Feb
    20-Feb1300ETTBA30Y TIPS13-Feb
         
    24-Feb1300ETTBA2Y Note20-Feb
    25-Feb1300ETTBA5Y Note20-Feb
    26-Feb1300ETTBA2Y FRN R/O20-Feb
    26-Feb1300ETTBA7Y Note20-Feb
         
    11-Mar1300ETTBA3Y Note6-Mar
    12-Mar1300ETTBA10Y Note R/O6-Mar
    13-Mar1300ETTBA30Y Bond R/O6-Mar
         
    18-Mar1300ETTBA20Y Bond R/O13-Mar
    20-Mar1300ETTBA10Y TIPS R/O13-Mar
         
    25-Mar1300ETTBA2Y Note20-Mar
    26-Mar1300ETTBA2Y FRN R/O20-Mar
    26-Mar1300ETTBA5Y Note20-Mar
    27-Mar1300ETTBA7Y Note20-Mar
         
    8-Apr1300ETTBA3Y Note3-Apr
    9-Apr1300ETTBA10Y Note R/O3-Apr
    10-Apr1300ETTBA30Y Bond R/O3-Apr
         
    16-Apr1300ETTBA20Y Bond R/O10-Apr
    17-Apr1300ETTBA5Y TIPS10-Apr
         
    22-Apr1300ETTBA2Y Note17-Apr
    23-Apr1300ETTBA2Y FRN17-Apr
    23-Apr1300ETTBA5Y Note17-Apr
    24-Apr1300ETTBA7Y Note17-Apr

 

 

 

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  • US TSYS/SUPPLY:Review 2Y Auction: Tsy futures remain bid (TYH5 +18 at 109-01) after the latest $69B 2Y note auction (91282CMH1) comes out nearly in line: 4.2110% high yield vs. 4.210% WI; 2.66x bid-to-cover vs. 2.73x prior.
  • Indirect take-up retreated to 65.02% from 82.09% prior, directs rebounded to 21.27% vs. 6.65% prior, primary dealer take-up 13.71% vs. 11.26% prior.
  • US TSYS/SUPPLY:Review 5Y Note Auction: Modest Stop-Through: Tsy futures gain slightly (TYH5 trades 109-05 last, +25) after $70B 5Y note auction (91282CMG3) stops 0.5bp through (third consecutive stop since June): drawing 4.330% high yield vs. 4.335% WI; 2.40x bid-to-cover steady to prior auction.
  • Peripheral stats show indirect take-up  62.79% vs. 67.27% prior, directs rise to 26.09% vs. 20.26% prior (highest since Jul 2014), primary dealer take-up 11.12% vs. 12.47% prior.

    27-Jan1130ET$84B13W Bills(912797ND5), 4.195%
    27-Jan1130ET$72B26W Bills(912797PG6), 4.140%
    27-Jan1300ET$69B2Y Note(91282CMH1), 4.211% vs. 4.210% WI
    27-Jan1300ET$70B5Y Note(91282CMG3), 4.330% vs. 4.335% WI
    28-Jan1130ET$85B42D CMB Bills(912797MT1)
    28-Jan1130ET$30B2Y FRN(91282CMJ7)
    28-Jan1300ET$44B7Y Note(91282CMK4)
    29-Jan1130ETTBA17W Bills(912797PL5)
    30-Jan1130ETTBA4W Bills(912797NK9)
    30-Jan1130ETTBA8W Bills(912797NT0)
         
    11-Feb1300ETTBA3Y Note5-Feb
    12-Feb1300ETTBA10Y Note5-Feb
    13-Feb1300ETTBA30Y Bond5-Feb
         
    19-Feb1300ETTBA20Y Bond13-Feb
    20-Feb1300ETTBA30Y TIPS13-Feb
         
    24-Feb1300ETTBA2Y Note20-Feb
    25-Feb1300ETTBA5Y Note20-Feb
    26-Feb1300ETTBA2Y FRN R/O20-Feb
    26-Feb1300ETTBA7Y Note20-Feb
         
    11-Mar1300ETTBA3Y Note6-Mar
    12-Mar1300ETTBA10Y Note R/O6-Mar
    13-Mar1300ETTBA30Y Bond R/O6-Mar
         
    18-Mar1300ETTBA20Y Bond R/O13-Mar
    20-Mar1300ETTBA10Y TIPS R/O13-Mar
         
    25-Mar1300ETTBA2Y Note20-Mar
    26-Mar1300ETTBA2Y FRN R/O20-Mar
    26-Mar1300ETTBA5Y Note20-Mar
    27-Mar1300ETTBA7Y Note20-Mar
         
    8-Apr1300ETTBA3Y Note3-Apr
    9-Apr1300ETTBA10Y Note R/O3-Apr
    10-Apr1300ETTBA30Y Bond R/O3-Apr
         
    16-Apr1300ETTBA20Y Bond R/O10-Apr
    17-Apr1300ETTBA5Y TIPS10-Apr
         
    22-Apr1300ETTBA2Y Note17-Apr
    23-Apr1300ETTBA2Y FRN17-Apr
    23-Apr1300ETTBA5Y Note17-Apr
    24-Apr1300ETTBA7Y Note17-Apr