American US Government Securities Fund
Are We Just 2 Weeks Away from a Rate Hike in the US?
The Fed’s hawkish tone and repeated references to June as a possible candidate for a rate hike were unexpected by market participants.
Why Fundamental Demand Tanked for 4-Week Treasury Bills
The US Treasury Department conducted the weekly auction for four-week Treasury bills (or T-bills) on May 3.
Why Overall Demand Tanked for the 2-Year Treasury Note in March
The two-year Treasury note auction size was set at $26 billion, an amount that has been constant since January 2015. The issue’s coupon rate was ~0.88%.
A Look at Treasury Yields as February 2016 Ends
Last year, US Treasury yields lost much of their curve, as the pace of decline in long-term yields was much faster than those of short-term yields.
Portugal’s Bond Yields Are Diverging from the Rest of Europe
Portugal’s bond yields have been diverging from the rest of Europe. The Bank of Portugal reassigned five of Novo Banco’s senior bonds to Banco Espirito Santo.
Fundamental Market Demand Fell for the 13-Week T-Bills Auction
The U.S. Department of the Treasury auctioned 13-week T-bills worth $28 billion on December 21. The amount on offer was same as the previous week.
High Yield Rose for the 5-Year Treasury Notes Auction
The yield on the five-year T-notes in the secondary market fell by four basis points after the auction—compared to the previous day. It ended at 1.66% on November 24.
Analyzing the US Treasury Market Events of October 15, 2014
In a report on the US Treasury market on October 15, 2014, the ten-year benchmark yield witnessed a 37 basis-point trading range.
Bid-to-Cover Ratio: Highest Mark Ever for the 4-Week T-Bills Auction
The US Department of the Treasury conducted the weekly auction of four-week Treasury bills, or T-bills, on September 29. The issuance was $10 billion.
Bid-to-Cover Ratio Surges for Five-Year Treasury Notes
Following the auction of five-year Treasury notes, yield in the secondary market rose marginally by 3 basis points from the previous day. Yield ended September 23 at 1.47%.
Bid-to-Cover Ratio Rose for the 4-Week Treasury Bills Auction
The U.S. Department of the Treasury conducted the weekly auction for four-week Treasury bills, or T-bills, on September 15. The issuance was $20 billion.
Treasury Yields Fell as the Interest Rates Stayed the Same
Treasury yields fell across the yield curve for the week ending September 18, 2015. The demand for safe-haven assets rose amid global uncertainty.
Direct Bidders Flock to the 10-Year Treasury Notes Auction
The US Department of the Treasury conducts an auction for ten-year Treasury notes, or T-notes, once a month. The yield is considered a benchmark in the financial markets.
Safe-Haven Demand Fell amid a Heavy Supply of Treasuries
Last week, the supply of Treasury securities rose due to the large issuance of high-grade bonds and China dumping US Treasuries.
Overall Demand Tanks for 5-Year Treasury Notes
The yield on five-year Treasury notes in the secondary market moved up marginally after the auction from the previous day. It ended August 26 at 1.49%, compared to 1.48% on August 25.
Overall and Market Demand Fall for 10-Year Treasury Notes
On August 12, ten-year T-notes worth $24 billion were auctioned. This was $3 billion higher than the previous month. The coupon rate came in at 2%.
Treasury Yields Rise as the Producer Price Index Inflation Rises
US Treasury yields rose across the yield curve for the week ending August 14 due to a rise in the PPI. However, the rise in the yields was restricted to single digits.
Direct Bidders Shun the Four-Week Treasury Bills Auction
The US Department of the Treasury conducted the weekly auction for four-week Treasury bills on August 4. The issuance was $40 billion, the same as in the previous three weeks.