As rates move higher, the US treasury will auction off 2, 5, 7 year notes next week. Yields are at or near their highest cycle levels and levels since 2007/2008.The details:$42 billion of...
Reuters reports that the US Treasury has asked major banks if it should buy back some US government bonds to improve market liquidity.Note that this isn't the Fed, it's the Treasury. This would...
High yield 3.93%tail 1.0% vs. six-month average of -0.6 basis pointsbid to cover 2.39X vs 2.37X average over the last 6 auctionsDirects 18.65% vs 17.4% over the last 6 auctionsIndirects 69.1% vs 70.0%...
