EMISSIONS: EU End-Of-Day Carbon Summary: EUAs Rise, UKAs Fall On Week

Nov-07 16:25

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EUAs Dec25 are on track for weekly gains of around 2% amid rising market sentiment following Germany...

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US TSYS/SUPPLY: Preview 10Y Auction

Oct-08 16:19

Treasury futures are steady to mixed, off early session highs with the TYZ5 steady at 112-21.5 (10Y yield -.0421 at 4.0454%) ahead of the $39B 10Y Note auction re-open (91282CNT4) at the top of the hour, WI is currently 4.117%, 8.4bp cheap to last month's stop.

  • September auction recap: Treasury futures gapped higher - extended highs (TYZ5 +7.5 at 113-18.5 vs. 113-20 high; 4.0321% yld) after the $39B 10Y note auction re-open (91282CNT4) stopped through: drawing 4.033% high yield vs. 4.047% WI; 2.65x bid-to-cover vs. 2.35x prior.
  • Peripheral stats: indirect take-up surged to 83.13% vs. 64.23% prior; direct bidder take-up at 12.66% from 19.61% prior; primary dealer take-up fell to new low of 4.21% vs. 16.87% prior.

LOOK AHEAD: Thursday Data Calendar: Fed Speakers, 30Y Bond Re-Open

Oct-08 16:16

Thursday's weekly Jobless Claims and Wholesale Trade Sales/Inventories suspended due to the Gov shutdown.

  • US Data/Speaker Calendar (prior, estimate)
  • 10/09 0830 Fed Chair Powell welcome remarks
  • 10/09 0835 Fed VC Bowman open remarks, moderated discussion
  • 10/09 1130 US Tsy $110B 4W & $95B 8W bill auctions
  • 10/09 1245 Fed Gov Barr Speaks economic outlook/moderated discussion
  • 10/09 1300 US Tsy $22B 30Y bond auction re-open (912810UM8)
  • 10/09 1300 MN Fed Kashkari & Barr moderated discussion
  • 10/09 1545 Fed VC Bowman community banking (text, no Q&A)
  • 10/09 2140 SF Fed Daly, moderated discussion Silicon Valley Dir Exchange
  • Source: Bloomberg Finance L.P. / MNI

OPTIONS: Larger FX Option Pipeline

Oct-08 16:13
  • EUR/USD: Oct10 $1.1500(E1.5bln), $1.1600(E1.5bln), $1.1625-30(E1.1bln), $1.1650(E1.8bln), $1.1700(E1.9bln), $1.1740-50(E2.5bln), $1.1780-00(E2.8bln); Oct13 $1.1700-15(E1.4bln), $1.1750-60(E3.6bln)
  • AUD/USD: Oct14 $0.6500(A$1.0bln), $0.6580-00(A$1.2bln)