CONSUMER CYCLICALS: PVH; S&P stays unch on positive outlook (correct)

Apr-11 17:10

You are missing out on very valuable content.

(Baa3 Pos/BBB- stable now) We saw S&P the most likely to upgrade (if only looking at leverage). Loo...

Historical bullets

US TSYS/SUPPLY: Review 10Y Auction Re-Open

Mar-12 17:04
  • Treasury futures inching off moderately weaker levels after the $39B 10Y note auction reopen (91282CMM0) stops through: drawing 4.310% high yield vs. 4.314% WI; 2.59x bid-to-cover vs. 2.48x prior.
  • Peripheral stats: indirect take-up recedes to 67.41% vs. 71.55% prior; direct bidder take-up climbs to 19.51% from 13.61% prior; primary dealer take-up 13.08% vs. 14.84% prior.
  • The next 10Y auction (re-open) is tentatively scheduled for April 9.

FED: US TSY 9Y-11M NOTE AUCTION: HIGH YLD 4.310%; ALLOTMENT 95.26%

Mar-12 17:02
  • US TSY 9Y-11M NOTE AUCTION: HIGH YLD 4.310%; ALLOTMENT 95.26%
  • US TSY 9Y-11M NOTE AUCTION: DEALERS TAKE 13.08% OF COMPETITIVES
  • US TSY 9Y-11M NOTE AUCTION: DIRECTS TAKE 19.51% OF COMPETITIVES
  • US TSY 9Y-11M NOTE AUCTION: INDIRECTS TAKE 67.41% OF COMPETITIVES
  • US TSY 9Y-11M AUCTION: BID/CVR 2.59

US TSYS/SUPPLY: WI 10Y

Mar-12 16:56

WI at 4.318% ahead of the $39B 10Y note auction re-open (91282CMM0) cut-off at 1300ET, compares to last month's tail: 4.632% high yield vs. 4.622% WI.