30Y

Record Big 30Y Auction Tails Despite Rebound In Foreign Demand

A record refunding week just concluded when the Treasury sold $27 billion in 30Y bonds – which as with this week’s 3Y and 10Y auctions, was the largest amount of 30Y paper ever sold by the US Treasury at one time. The auction stopped at 1.680%, tailing the When Issued by 0.6bps, and the highest…

Schizophrenic Paradox Emerges In S&P, 30Y Bond Futures

An apparent paradox is emerging in the world of futures positioning. According to the latest CFTC Commitment of Traders data, after being stuck in a tight range for much of 2020, speculative investors boosted bullish wagers on S&P emini futures to the highest level in almost two years, a that most professional investors saw the…