MEXICO: Reports Suggest President Sheinbaum to Tap Alarcón for World Bank

Oct-10 16:27
  • President Claudia Sheinbaum is set to tap a decades-long ally and confidant as Mexico’s top representative at the World Bank, as the newly inaugurated leader works to reduce poverty and boost development. The finance ministry plans to name economist Diana Alarcón as its envoy to the Washington-based institution, according to people familiar with the plan. (BBG)

Historical bullets

US TSYS/SUPPLY: Preview 3Y Note Auction

Sep-10 16:20
  • Tsy futures are trade firmer/near highs ahead of the $58B 3Y note auction (91282CLL3) at 1300ET. WI is currently at 3.449%, 36.1bp rich to last month's in-line sale.
  • August auction recap: Treasury futures held near lows (TYU4 113-11, -23.5) after $58B 3Y note auction (91282CLG4) came out on the screws: 3.810% high yield vs. 3.809% WI; 2.55x bid-to-cover vs. 2.67x prior.
  • Indirect take-up 64.39% vs. 63.97% prior; direct bidder take-up 20.25% vs. 21.26% prior; primary dealer take-up 15.35% vs. 14.78% prior.
  • Timing today's 3Y note sale: results will be available shortly after the competitive auctions closes at 1300ET.

US TSYS: US TSY TO SELL $80.000 BLN 4W BILL SEP 12, SETTLE SEP 17

Sep-10 16:05
  • US TSY TO SELL $80.000 BLN 4W BILL SEP 12, SETTLE SEP 17

US TSYS: US TSY TO SELL $80.000 BLN 8W BILL SEP 12, SETTLE SEP 17

Sep-10 16:05
  • US TSY TO SELL $80.000 BLN 8W BILL SEP 12, SETTLE SEP 17