US TSYS/SUPPLY: Review 7Y Auction: Little Reaction to Another Tail
Nov-26 16:34
Treasuries show little reaction after the $44B 7Y note auction (91282CPM7) tailed: 3.781% high yield vs. WI of 3.777%; bid-to-cover steady at 2.46x.
Peripheral stats: Indirect take-up slips to 56.65% vs. 59.0% prior; Direct take-up rises to 30.27% vs. 27.8% prior; Dealers took 13.07% vs. 13.1% prior.
The next 7Y Treasury auction - final for the year - is tentatively scheduled for December 24.
FED: US TSY 7Y NOTE AUCTION: HIGH YLD 3.781%; ALLOTMENT 19.48%
Nov-26 16:32
US TSY 7Y NOTE AUCTION: HIGH YLD 3.781%; ALLOTMENT 19.48%
US TSY 7Y NOTE AUCTION: DEALERS TAKE 13.07% OF COMPETITIVES
US TSY 7Y NOTE AUCTION: DIRECTS TAKE 30.27% OF COMPETITIVES
US TSY 7Y NOTE AUCTION: INDIRECTS TAKE 56.65% OF COMPETITIVES