US: American Voters Remain Sceptical Of Iran War, Fear Economic Fallout

Mar-26 18:29

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Silver Bulletin notes in a new opinion tracker: https://www.natesilver.net/p/iran-war-polls-populari...

Historical bullets

US TSYS/SUPPLY: Review 2Y Note Auction: Small Tail

Feb-24 18:05
  • Tsy futures hold modest losses after the $69B 2Y note auction (91282CQB0) tails with high yield of 3.455% vs. 3.453% WI; 2.63x bid-to-cover vs. 2.75x prior.
  • Peripheral stats: Indirect take-up retreats to 55.91% from 64.40% prior, directs rise to 34.28% vs. 28.27% prior, primary dealer take-up to 9.81% vs. 7.33% prior.
  • The next 2Y auction is tentatively scheduled for March 25.

FED: US TSY 2Y NOTE AUCTION: HIGH YLD 3.455%; ALLOTMENT 51.32%

Feb-24 18:02
  • US TSY 2Y NOTE AUCTION: HIGH YLD 3.455%; ALLOTMENT 51.32%
  • US TSY 2Y NOTE AUCTION: DEALERS TAKE 9.81% OF COMPETITIVES
  • US TSY 2Y NOTE AUCTION: DIRECTS TAKE 34.28% OF COMPETITIVES
  • US TSY 2Y NOTE AUCTION: INDIRECTS TAKE 55.91% OF COMPETITIVES
  • US TSY 2Y AUCTION: BID/CVR 2.63

CHF: SNB Schlegel Maintains Similar Rhetoric on FX Intervention

Feb-24 17:54
  • Not much different in terms of being prepared to act in the currency markets if necessary:
    • "SWISS NATIONAL BANK CHAIRMAN: MAIN TOOLS ARE SNB POLICY RATE AND WHERE NECESSARY OTHER INSTRUMENTS, LIKE INTERVENTIONS IN THE CURRENCY MARKETS"
    • "US TARIFFS AND UNCERTAINTY ARE BURDENING ECONOMIC GROWTH, BUT IN MANY PLACES REMAIN MORE RESISTANT THAN EXPECTED" (Reuters)