US Treasury Auction Calendar
Apr-10 17:16By: Bill Sokolis
US
Review 10Y Auction Re-Open: Weak, Largest Tail Since Dec'22
Treasury futures extend session lows even further (TYM4 108-07, 10Y yield 4.5598% high) after the $39B 10Y re-open sale (91282CJZ5) tailed 3.3bp (largest since Dec'22): 4.560% high yield vs. 4.527% WI; 2.51x bid-to-cover falls to 2.34 vs. 2.51x prior.
- Indirect take-up lowest since Oct'23 at 61.81% vs. 64.28% prior; direct bidder take-up 14.24% from 18.65% prior; primary dealer take-up highest since Nov'22 at 23.96% vs. 17.06%.
- The next 10Y auction is tentatively scheduled for May 8.
| Date | Time | Amt | Security | Cusip, Yield |
| 10-Apr | 1130ET | $60B | 17W Bill | (912797KX4), 5.23% |
| 10-Apr | 1300ET | $39B | 10Y Note R/O | (91282CJZ5), 4.560% vs. 4.527% WI |
| 11-Apr | 1130ET | $70B | 4W Bill | (912797JW8) |
| 11-Apr | 1130ET | $75B | 8W Bill | (912797KE6) |
| 11-Apr | 1300ET | $22B | 30Y Bond R/O | (912810TX6) |
| 15-Apr | 1130ET | TBA | 13W Bill | (912797JS7) |
| 15-Apr | 1130ET | TBA | 26W Bill | (912797KU0) |
| 16-Apr | 1130ET | TBA | 52W Bill | (912797KS5) |
| 17-Apr | 1300ET | TBA | 20Y Bond R/O | (912810TZ1) |
| 18-Apr | 1300ET | TBA | 5Y TIPS | (91282CKL4) |
| 23-Apr | 1300ET | TBA | 2Y Note | 18-Apr |
| 24-Apr | 1130ET | TBA | 2Y Note FRN | 18-Apr |
| 24-Apr | 1300ET | TBA | 5Y Note | 18-Apr |
| 25-Apr | 1300ET | TBA | 7Y Note | 18-Apr |
| 7-May | 1300ET | TBA | 3Y Note | 1-May |
| 8-May | 1300ET | TBA | 10Y Note | 1-May |
| 9-May | 1300ET | TBA | 30Y Bond | 1-May |
| 22-May | 1300ET | TBA | 20Y Bond | 16-May |
| 23-May | 1300ET | TBA | 10Y TIPS R/O | 16-May |
| 28-May | 1130ET | TBA | 2Y Note | 23-May |
| 28-May | 1300ET | TBA | 5Y Note | 23-May |
| 29-May | 1130EY | TBA | 2Y FRN R/O | 23-May |
| 29-May | 1300ET | TBA | 7Y Note | 23-May |
| 10-Jun | 1300ET | TBA | 3Y Note | 6-Jun |
| 11-Jun | 1300ET | TBA | 10Y Note R/O | 6-Jun |
| 13-Jun | 1300ET | TBA | 30Y Bond R/O | 6-Jun |
| 18-Jun | 1300ET | TBA | 5Y TIPS R/O | 13-Jun |
| 20-Jun | 1300ET | TBA | 20Y Bond R/O | 13-Jun |
| 25-Jun | 1300ET | TBA | 2Y Note | 20-Jun |
| 26-Jun | 1130ET | TBA | 2Y FRN R/O | 20-Jun |
| 26-Jun | 1300ET | TBA | 5Y Note | 20-Jun |
| 27-Jun | 1300ET | TBA | 7Y Note | 20-Jun |
| 9-Jul | 1300ET | TBA | 3Y Note | 3-Jul |
| 10-Jul | 1300ET | TBA | 10Y Note R/O | 3-Jul |
| 11-Jul | 1300ET | TBA | 30Y Bond R/O | 3-Jul |
| 17-Jul | 1300ET | TBA | 20Y Bond R/O | 11-Jul |
| 18-Jul | 1300ET | TBA | 10Y TIPS | 11-Jul |
| 23-Jul | 1300ET | TBA | 2Y Note | 18-Jul |
| 24-Jul | 1130ET | TBA | 2Y Note FRN | 18-Jul |
| 24-Jul | 1300ET | TBA | 5Y Note | 18-Jul |
| 25-Jul | 1300ET | TBA | 7Y Note | 18-Jul |
