The Treasury market got the boost expected from the bill paydowns this week. The $24 billion net paydown figure included $17 billion in CMB expirations…
The awful performances of the longer term Treasury auctions contained within them a sign that foreign central banks are beginning to reverse a normal intermediate…
Part of the reason for today’s bond market strength was the big paydown in the 4 week bill. The $18 billion paydown left investors with…
The Treasury finished up a light week with a 4 week bill auction that drew another wave of panic buying keep the rate near zero.…
by Sudaca September 2 (Stool Pigeons Wire) – Corporate bonds have been the biggest receivers of funds from the money market mountain. Investment Grade credit…
The Fed’s H41 will be posted just after the market close, and we will have a complete review and analysis of that data in tomorrow’s…
Three Treasury auctions saw strong demand. In the case of the 2 year note, the size of the indirect bid could only be characterized as…
Watching Secretary Tim “Stonewall” Geithner shuck, jive, and obfuscate before the Congressional Oversight Panel was sickening and disgusting to anyone who has a clue of…
The market had a problem Monday. While the Primary Dealers and other institutions celebrated the end of the Depression last week, they apparently forgot that…
The Treasury completed its auctions for this week. A trend of slightly reduced indirect bids continued. While the changes are small this could be the…
