US TSYS/SUPPLY: Review: 10Y Auction Stop, Still Highest Yield Since Oct 1, 2006
Sep-09 17:05
Treasury futures still weaker but pare losses (TYZ6 -7 at 107-03) after the $39B 10Y note auction re-open (91282CRF0) stops through: drawing 4.834% high yield (highest since October 1, 2006) vs. 4.847% WI; 2.71x bid-to-cover vs. 2.50x 5-auction average.
Peripheral stats: indirect take-up rises to 79.18% vs. 76.73% prior (73.14% 5-auction average); direct bidder take-up rises to 16.51% from 14.67% prior - still well below a 5-auction average of 17.13%; primary dealer take-up retreats to 4.31% vs. 8.6% prior.
The next 10Y auction (re-open) is tentatively scheduled for October 7.
IRAN: *IRAN: IAEA RESOLUTION FURTHER ERODES PROLIFERATION REGIME - bbg
Sep-09 17:02
*IRAN: IAEA RESOLUTION FURTHER ERODES PROLIFERATION REGIME - bbg
FED: US TSY 9Y-11M NOTE AUCTION: HIGH YLD 4.834%; ALLOTMENT 89.25%
Sep-09 17:02
US TSY 9Y-11M NOTE AUCTION: HIGH YLD 4.834%; ALLOTMENT 89.25%
US TSY 9Y-11M NOTE AUCTION: DEALERS TAKE 4.31% OF COMPETITIVES
US TSY 9Y-11M NOTE AUCTION: DIRECTS TAKE 16.51% OF COMPETITIVES
US TSY 9Y-11M NOTE AUCTION: INDIRECTS TAKE 79.18% OF COMPETITIVES