US Treasury Auction Calendar: Rish of Early Week Supply
Jan-27 18:33By: Bill Sokolis
US Treasuries
- US TSYS/SUPPLY:Review 2Y Auction: Tsy futures remain bid (TYH5 +18 at 109-01) after the latest $69B 2Y note auction (91282CMH1) comes out nearly in line: 4.2110% high yield vs. 4.210% WI; 2.66x bid-to-cover vs. 2.73x prior.
- Indirect take-up retreated to 65.02% from 82.09% prior, directs rebounded to 21.27% vs. 6.65% prior, primary dealer take-up 13.71% vs. 11.26% prior.
- US TSYS/SUPPLY:Review 5Y Note Auction: Modest Stop-Through: Tsy futures gain slightly (TYH5 trades 109-05 last, +25) after $70B 5Y note auction (91282CMG3) stops 0.5bp through (third consecutive stop since June): drawing 4.330% high yield vs. 4.335% WI; 2.40x bid-to-cover steady to prior auction.
Peripheral stats show indirect take-up 62.79% vs. 67.27% prior, directs rise to 26.09% vs. 20.26% prior (highest since Jul 2014), primary dealer take-up 11.12% vs. 12.47% prior.
27-Jan 1130ET $84B 13W Bills (912797ND5), 4.195% 27-Jan 1130ET $72B 26W Bills (912797PG6), 4.140% 27-Jan 1300ET $69B 2Y Note (91282CMH1), 4.211% vs. 4.210% WI 27-Jan 1300ET $70B 5Y Note (91282CMG3), 4.330% vs. 4.335% WI 28-Jan 1130ET $85B 42D CMB Bills (912797MT1) 28-Jan 1130ET $30B 2Y FRN (91282CMJ7) 28-Jan 1300ET $44B 7Y Note (91282CMK4) 29-Jan 1130ET TBA 17W Bills (912797PL5) 30-Jan 1130ET TBA 4W Bills (912797NK9) 30-Jan 1130ET TBA 8W Bills (912797NT0) 11-Feb 1300ET TBA 3Y Note 5-Feb 12-Feb 1300ET TBA 10Y Note 5-Feb 13-Feb 1300ET TBA 30Y Bond 5-Feb 19-Feb 1300ET TBA 20Y Bond 13-Feb 20-Feb 1300ET TBA 30Y TIPS 13-Feb 24-Feb 1300ET TBA 2Y Note 20-Feb 25-Feb 1300ET TBA 5Y Note 20-Feb 26-Feb 1300ET TBA 2Y FRN R/O 20-Feb 26-Feb 1300ET TBA 7Y Note 20-Feb 11-Mar 1300ET TBA 3Y Note 6-Mar 12-Mar 1300ET TBA 10Y Note R/O 6-Mar 13-Mar 1300ET TBA 30Y Bond R/O 6-Mar 18-Mar 1300ET TBA 20Y Bond R/O 13-Mar 20-Mar 1300ET TBA 10Y TIPS R/O 13-Mar 25-Mar 1300ET TBA 2Y Note 20-Mar 26-Mar 1300ET TBA 2Y FRN R/O 20-Mar 26-Mar 1300ET TBA 5Y Note 20-Mar 27-Mar 1300ET TBA 7Y Note 20-Mar 8-Apr 1300ET TBA 3Y Note 3-Apr 9-Apr 1300ET TBA 10Y Note R/O 3-Apr 10-Apr 1300ET TBA 30Y Bond R/O 3-Apr 16-Apr 1300ET TBA 20Y Bond R/O 10-Apr 17-Apr 1300ET TBA 5Y TIPS 10-Apr 22-Apr 1300ET TBA 2Y Note 17-Apr 23-Apr 1300ET TBA 2Y FRN 17-Apr 23-Apr 1300ET TBA 5Y Note 17-Apr 24-Apr 1300ET TBA 7Y Note 17-Apr
