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Tailing 7Y Auction Sees Lukewarm Foreign Demand, Jump In Direct Buyers

Tailing 7Y Auction Sees Lukewarm Foreign Demand, Jump In Direct Buyers The week's final coupon auction per the truncated pre-FOMC schedule has come and gone, and like yesterday's 2Y and 5Y, was also mediocre at best. The sale of $44BN in 7Y paper stopped at a high yield of 4.175%, down from 4.255% in March; and like the week's previous auctions, the 7Y also tailed the 4.170% When Issued by 0.5bps, which makes it 4 auctions that have not stopped through in a row. The bid to cover was better, rising to...
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Sep 27, 2026 / Tyler Durden
US Stealth Bomber Base In UK On "Delta" Alert As Counter-Terror Police Make Arrests, Deploy Bomb Squad Search Of Vans
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Aug 22, 2026 / Tyler Durden
Beyond The Ban: Why Embracing AI Is Essential For Higher Education
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Jul 27, 2026 / Tyler Durden
Awkward: Trump Hails 'Tremendous' Ally Turkey, Knocks Israel Before Hosting Netanyahu
Awkward: Trump Hails 'Tremendous' Ally Turkey, Knocks Israel Before Hosting Netanyahu Less than 24 hours before Israeli Prime Minister Benjamin Netanyahu is expected to meet with the US President at the White House Tuesday, and Trump not-so-subtly put the Israeli leader in his place while fielding questions from reporters aboard Air Force One. Trump was asked about Netanyahu's very public and long-stated opposition to Washington selling F-35s to Turkey. Trump responded by firmly stating, "Nobody tells me what we should be selling or not. Turkey has been a tremendous ally." He added...
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