US 30-Year Bond Bid-to-Cover
US 30-Year Bond Bid-to-Cover
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US 30-Year Bond Bid-to-Cover
The U.S. sold $25 billion of new 30-year bonds at 5.216%, the highest financing cost for that tenor since 2001, while iShares 20+ Year Treasury Bond ETF TLT traded at $81.90, its lowest since June 2004.
The US 30-year bond auction recorded a bid-to-cover of 2.390, compared with a previous 2.440, with no forecast provided (Forecast '-').
US 30-Year Bond Bid-to-Cover Actual 2.440 (Forecast -, Previous 2.330)
US 30-Year Bond Bid-to-Cover
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
(PH) Philippines sells PHP30.0B vs. PHP30B indicated in 3-year bonds; Avg Yield: 6.580% v 7.307% prior; bid-to-cover: x v 1.36x prior
US market experiences rotation away from tech as weakness in mega-cap tech widens, with semiconductors declining 7% and NASDAQ opening down 3%.