MFS Government Securities Fund
Latest MFS Government Securities Fund News and Updates
Why Are Market Participants Concerned about December 2015?
The addition of “at its next meeting” in the FOMC’s October statement has led market participants to believe that a rate hike may be effected in its December meeting.
Last Week’s 13-Week Treasury Bill Auction: Focus on Direct Bidders
The US Treasury Department auctioned 13-week Treasury bills (or T-bills) worth $28 billion on May 2.
Overall Demand Barely Moved for 2-Year Treasury Note Auction
The US Treasury holds monthly auctions for the two-year Treasury note.
Indirect Bidders Participated in the 3-Year T-Notes Auction
The fundamental market demand for three-year T-notes rose in the April auction. Total competitive bids were 67.4% in April—compared to 55.3% in March.
Bid-to-Cover Ratio Fell for 26-Week Treasury Bill Auction
The U.S. Department of the Treasury held the weekly 26-week Treasury bill auction on February 16, 2016. T-bills totaling $30 billion were on offer.
A Refresher on US Treasuries in 2015
Geopolitical concerns regarding Greece, the Middle East, and China led investors to the safety of US Treasuries at different points in time in 2015.
YTD High Yield for the Two-Year Treasury Note Auction
Demand for the two-year Treasury note was higher in September’s auction. The bid-to-cover ratio rose by 3.5% month-over-month to 3.27x in September’s auction.
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.
Market Demand Rises for 26-week Treasury Bills on August 31
The US Treasury held the weekly 26-week Treasury bills auction on August 31. After a fall in demand the previous week, the fundamental market demand rose.