May 29, 2024 17:07 GMT
US TSYS: 7y Tail Leads Yields Higher Across the Curve
US TSYS
- Yields trade to new highs on the back of the auction result: yield tailed by 1.3bps, echoing the shakier demand seen across the 2s and 5s sales earlier this week. Bid/cover a touch softer vs. The previous.
- Generic 7y yield tilted to new daily highs at 4.6537%, while 10y prints 4.6357%, a new daily high - keeping the USD underpinned.
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