This report presents and discusses a dozen key bullet points for the Treasury market, and indirectly, stocks. Here are the first 5. Suddenly Treasury supply higher than TBAC forecast supply and there are signs that will continue. Indirect bids falling sharply on 4 week bills and long term paper. Foreign and international account purchases at…
Tag Archive for Treasury Auctions
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Foreign Share of Treasury Auction Takedowns Back Near Low of 3 Year Downtrend
by Lee Adler • • 0 Comments
This is an update of the new permanent page on Treasury Auction Investor Class Allotments. That page will be updated regularly. Bookmark it for future reference. Treasury Auction Investor Class Allotments Dealers take the lion’s share of the Treasury auctions followed by foreign buyers, mostly central banks. Over the past year investment funds have caught up…
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U.S. lets China bypass Wall Street for Treasury orders | Reuters
by Lee Adler • • 0 Comments
(Reuters) – China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury’s first-ever direct relationship with a foreign government, according to documents viewed by Reuters. The relationship means the People’s Bank of China buys U.S. debt using a different method than any…
Liquidity Trader, Professional Edition
A Week on (Relatively) Easy Street for Treasuries
by Lee Adler • • 0 Comments
The following is the executive summary of this week’s report to subscribers.To read the reports risk free for 30 days (one time only), click here. The markets face another week on relatively easy street in terms of Treasury supply. Even though the Treasury is auctioning a big slug of longer term paper, it is paying…
Lee's Free Thinking, Liquidity Trader, Professional Edition
The Mighty Ben
by Lee Adler • • 0 Comments
Treasury yields reached the top of the recent range and appeared headed for a breakout when along came Ben, with his mighty arms outstretched he lifts up the playing field and tilts it, and back down yields went, in spite of the big week of Treasury auctions and the market facing a big wad of…
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Fed’s primary dealer expansion seen aiding markets
by Bears Chat at The Wall Street Examiner • • 0 Comments
Fed’s primary dealer expansion seen aiding markets
On Wednesday October 5, 2011, 3:33 pm
By Emily Flitter
NEW YORK (Reuters) – The Federal Reserve Bank of New York’s designation this week of two Canadian banks as primary dealers comes at a crucial ti…
Liquidity Trader, Professional Edition
Does Bernanke Have A School Term Paper For Natural Disasters?
by Lee Adler • • 0 Comments
The Treasury market settled down this week with 10 year Treasury yields hovering above the critical 2.20% that would signal a resumption of the panic, but below the line at 2.30, a breakout of which would signal an upside reversal. The market faced heavy supply and took it in stride this week, with help from…
Liquidity Trader, Professional Edition
More Bad News From the Treasury
by Lee Adler • • 0 Comments
The Treasury market buying panic continued this week with technical signs pointing to a 10 year yield possibly as low as 1.80, or even 1.60. That would be bad news for stocks. While the indirect bid remains about 25% below last year’s level at the Treasury auctions, foreign central banks have increased their buying in…
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Treasury Auctions at Risk from Debt Ceiling Impasse
by Bears Chat at The Wall Street Examiner • • 0 Comments
This year the Treasury has to sell nearly $8 trillion worth of bills, notes and bonds to the public in order to repay owners of more than $6.4 trillion worth of maturing debt and to finance the current budget deficit, according to analyst Nancy Vand…
Liquidity Trader, Professional Edition
With Fed About To Take a Break, FCBs Hold Key To Market Future
by Lee Adler • • 0 Comments
A strong upturn in foreign central bank (FCB) cyclical buying of US Treasuries made up for ongoing weakness in commercial bank market participation to propel the markets to strong gains last week. Light Treasury settlements, with a sizable paydown on Thursday also played an important role. The big turn in FCB buying was like the…
