The Banking and Strategy Initiative

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Tag Archives: Auction

Euro Debt Crisis: Another accident in German Bund Auctions | Insight Europe

After barely three months of 2012, the European Fixed Income vote of no confidence continued to strike terror in investors’ hearts with the flurry of bad news in ¬†Economic Data … Continue reading

April 11, 2012

US Economy: Yields recover in 10-Y US Treasury auctions

Even as the market responded well to the increasing size of auctions in both the 3 yr and 10 yr Treasuries, with cover ratios past 3 in both, yields also … Continue reading

February 8, 2012 · 4 Comments

US Economy: Not a wrinkle on the dollar for 2011

Update: Italian 3 yr BTPs and 10 year bonds netted a good $15 bln auction at below 7% (6.98%) and 6.89% ( for the 3 yr BTP) on Thursday while … Continue reading

December 28, 2011 · 4 Comments

US Economy: The US Treasury Auction week: The 7 yr note auction update

To reiterate, today’s auctions marked the end of a very short week of seven back to back $30 bln auctions which went like a breeze for the Fed , dealers … Continue reading

December 21, 2011 · 1 Comment

US Economy: The US Treasury Auction week: 2yr, 5 yr and 7 yr notes

The gold rush of last week apart, this week’s three big auctions running back to back till Wednesday complete the Treasury’s long term borrowing program on an even keel as … Continue reading

December 20, 2011

US Economy: The US Treasury Auction series: The 30-Y Bond flies through, dangerously low

While the store sales Index from Goldman Sachs had gloom on offer, already omnipresent.. the housing indices offer hopium(Thanks Zero @zerohedge) ¬†( if you can believe in QE3, you will … Continue reading

December 14, 2011 · 1 Comment

US Economy: The US Treasury Auction series: 10-Y US Treasury complete for $21 bln

After an impaired Bid cover ratio of 2.86 in October ( 2.86 times bidders value as auctioned amount) and worse 2.54 in November, this month the sensitive 10 year treasuries … Continue reading

December 13, 2011 · 8 Comments