The US economic calendar is light today as we count down to Wednesday’s FOMC decision. But the calendar isn’t empty.
The headliners today will be sales of 3-year and 10-year notes from the US Treasury. Those will land in a market that’s still skittish about supply and trying to find a comfortable level for yields.
The 3-year sale is up first with results just after 11:30 am ET. It’s a $50 billion new issue and should sell around 3.50%.
The 10-year sale is a reopening of last months’ new issue for another $37 billion. It’s trading at 4.27% now, up 2.7 bps on the day as a small concession is built in.
US 10 year yields daily
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.forexlive.com/news/its-all-about-the-bond-auctions-today-20231211/
- :is
- $UP
- 10
- 11
- 30
- 7
- a
- About
- After
- All
- am
- and
- Another
- around
- AS
- At
- Auctions
- BE
- Billion
- bond
- built
- but
- Calendar
- comfortable
- day
- decision
- down
- E&T
- Economic
- empty
- Find
- First
- FOMC
- For
- from
- Headliners
- HTTPS
- in
- isn
- issue
- IT
- jpg
- just
- Land
- Last
- Level
- light
- Market
- months
- New
- Notes
- now
- of
- on
- plato
- Plato Data Intelligence
- PlatoData
- Results
- s
- sale
- sales
- sell
- should
- small
- Still
- supply
- T
- that
- The
- those
- to
- today
- Trading
- treasury
- trying
- us
- US Treasury
- we
- Wednesday
- will
- with
- year
- yields
- zephyrnet
More from Forex Live
Nasdaq Composite Technical Analysis – The bearish bias is still intact | Forexlive
Source Node: 2903537
Time Stamp: Sep 27, 2023
Bank of Canada Rate Decision: USDCAD stays steady. Traders await the next break. | Forexlive
Source Node: 2996323
Time Stamp: Dec 6, 2023
European Central Bank speakers today: de Guindos, Knot, Panetta | Forexlive
Source Node: 2704886
Time Stamp: Jun 6, 2023
AUDUSD trades above and below the 50% of the 2023 range | Forexlive
Source Node: 3017398
Time Stamp: Dec 15, 2023
Bank of Japan preview – traders will focus on Governor Ueda’s following press conference | Forexlive
Source Node: 3078457
Time Stamp: Jan 22, 2024
Moody’s changes outlook on USA soverign ranking to negative, affirms Aaa-rating | Forexlive
Source Node: 2969868
Time Stamp: Nov 10, 2023
SNB sold nearly $45 billion worth of foreign currencies in Q3 2023 | Forexlive
Source Node: 3039304
Time Stamp: Dec 29, 2023
The jobs report will keep the Fed patient – CIBC | Forexlive
Source Node: 3001644
Time Stamp: Dec 8, 2023
NFLX stock falls 3% as company says it’s in no rush to boost margins | Forexlive
Source Node: 2878119
Time Stamp: Sep 13, 2023
ECB’s Centeno: We should avoid undershooting on inflation | Forexlive
Source Node: 3064145
Time Stamp: Jan 16, 2024