Treasuries gaining slightly after the $44B 7Y note auction (91282CPQ8) trades through: 3.930% high yield vs. WI of 3.932%; bid-to-cover at 2.51x vs. 2.46x prior.
Peripheral stats: Indirect take-up rises to 59.04% vs. 56.65% prior; Direct take-up to 31.62% vs. 30.27% prior; Dealers take 9.34 vs. 13.07% prior.
The next 7Y Treasury auction is tentatively scheduled for January 29.
FED: US TSY 17W BILL AUCTION: HIGH 3.555%(ALLOT 84.92%)
Dec-24 16:32
US TSY 17W BILL AUCTION: HIGH 3.555%(ALLOT 84.92%)
US TSY 17W BILL AUCTION: DEALERS TAKE 32.53% OF COMPETITIVES
US TSY 17W BILL AUCTION: DIRECTS TAKE 3.77% OF COMPETITIVES
US TSY 17W BILL AUCTION: INDIRECTS TAKE 63.71% OF COMPETITIVES