US TSYS/SUPPLY: Review 7Y Auction

Dec-24 16:34
  • 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.

Historical bullets

FED: US TSY 26W BILL AUCTION: HIGH 3.670%(ALLOT 62.72%)

Nov-24 16:32
  • US TSY 26W BILL AUCTION: HIGH 3.670%(ALLOT 62.72%)
  • US TSY 26W BILL AUCTION: DEALERS TAKE 30.78% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: DIRECTS TAKE 9.50% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: INDIRECTS TAKE 59.72% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: BID/CVR 2.77

FED: US TSY 13W BILL AUCTION: HIGH 3.745%(ALLOT 40.84%)

Nov-24 16:32
  • US TSY 13W BILL AUCTION: HIGH 3.745%(ALLOT 40.84%)
  • US TSY 13W BILL AUCTION: DEALERS TAKE 29.85% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: DIRECTS TAKE 6.70% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: INDIRECTS TAKE 63.45% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: BID/CVR 2.85

FED: US TSY 13W AUCTION: NON-COMP BIDS $1.719 BLN FROM $86.000 BLN TOTAL

Nov-24 16:15
  • US TSY 13W AUCTION: NON-COMP BIDS $1.719 BLN FROM $86.000 BLN TOTAL