BNB$711.25-0.20%BRENT$103.69-3.66%BTC$76,803-0.43%COPPER$6.45-0.32%DJI$52,064-0.60%DOGE$0.0831-0.63%DXY99.15+0.11%ETH$2,454-0.54%GOLD$4,339+0.49%NDX$29,104-1.08%SILVER$63.82+0.42%SOL$98.83-0.77%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.21+4.56%BNB$711.25-0.20%BRENT$103.69-3.66%BTC$76,803-0.43%COPPER$6.45-0.32%DJI$52,064-0.60%DOGE$0.0831-0.63%DXY99.15+0.11%ETH$2,454-0.54%GOLD$4,339+0.49%NDX$29,104-1.08%SILVER$63.82+0.42%SOL$98.83-0.77%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.21+4.56%
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·Confidence 90%

5-Year Auction Tails for 10th Time, Yields Rise Sharply

Key takeaways

  • The 5-year auction saw weaker demand, tailing for the 10th consecutive time, leading to a rise in yields across the curve as foreign buyer interest declines.

Analysis

The 5-year auction saw weaker demand, tailing for the 10th consecutive time, leading to a rise in yields across the curve as foreign buyer interest declines.

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