TRUMP SAYS HE RESPECTS CARNEY, WANTS BETTER CANADA TRADE DEAL
May-06 16:25
TRUMP SAYS HE RESPECTS CARNEY, WANTS BETTER CANADA TRADE DEAL
TRUMP: WON'T RAISE CANADA AS 51ST STATE IN CARNEY MEETING
US TSYS/SUPPLY: Preview: 10Y Auction
May-06 16:25
Treasury futures are holding mixed ahead midday ahead of the $42B 10Y Note auction (91282CNC1) at the top of the hour, WI currently 4.362%, 7.3bp rich to last month's stop.
April auction recap: Treasury futures pared losses after the $39B 10Y note auction reopen (91282CMM0) stopped through again: drawing 4.435% high yield vs. 4.467% WI; 2.67x bid-to-cover vs. 2.59x prior.
Peripheral stats: indirect take-up climbed to high of 87.90% vs. 67.41% prior; direct bidder take-up fell to record low of 1.4% from 19.51% prior; primary dealer take-up 10.7% vs. 13.08% prior.