Elizabeth Stanton

#TreasuriesToday: Yields narrowly mixed with curve flatter. Session ranges are tight even by recent standards -- 2.5bp for 10Y. Buyback of up to $2b in 10Y-20Y sector closes at 2pm. Coupon auctions resume June 10.

#TreasuriesToday: Yields lower by 2bp-3bp -- inside narrow ranges in place since mid-May -- with stock futures paring declines. UK leads sovereign bond markets higher after good demand for a long-maturity debt offering. Treasury auctions resume June 10.

#TreasuriesToday: Yields higher by as much as 3bp-4bp, inside last week's ranges, with oil up more than 4%. $199b coupon settlement ($94.4b net). May index return -1% (first monthly loss this year), +0.5% YTD. Auctions resume with 3Y on June 10.

#TreasuriesToday will return June 2 as the mother of a college graduate. Peace

#TreasuriesToday: Yields down 2bp-7bp, off session lows. June options expire. Early-close times include 1pm futures settlement & end-of-day index pricing, 2pm Sifma recommendation for dollar-denominated bonds. Ahead next week: $69b 2Y Tues, $70b 5Y Weds, $44b 7Y Thurs.

#TreasuriesToday: Yields mixed with curve steeper. 30Y near 5.12% is highest since Oct 2023, 10Y near 4.61%, last seen in Feb. $18b 10Y TIPS reopening at 1pm has WI yield near 2.22%, between last two results. Next week's auction sizes at 11am: $69b 2Y, $70b 5Y, $44b 7Y projected.

#TreasuriesToday: Yields higher by 2bp-5bp with curve steeper. $16b 20Y new-issue auction at 1pm. WI yield 5.03% exceeds 20Y auction results since Oct 2023 record high (5.245%). Buyback (liquidity support) of up to $500m in short TIPS closes at 2pm.

#TreasuriesToday: Yields narrowly mixed with the curve steeper. 30Y 4.93% after exceeding 5.03% Monday, highest level since Nov 2023. Ahead this week: $16b 20Y new issue Wednesday, $18b 10Y TIPS reopening Thursday, various early close times Friday ahead of holiday weekend.

#TreasuriesToday: Yields higher led by 30Y, +8bp & exceeding 5% which it last closed above in October 2023. Stock futures red. Ahead this week: $16b 20Y new issue Wednesday, $18b 10Y TIPS reopening Thursday, various early close times Friday ahead of holiday weekend.

Yields lower by 1bp-3bp inside Wednesday's ranges. Next week's auction sizes at 11am: $16b 20Y new issue, $18b 10Y TIPS reopening projected. Buyback (liquidity support) of up to $4b in 1M-2Y sector closes at 2pm. $125b coupon settlement ($30.8b net).

Yields narrowly mixed inside Tuesday's ranges, which included highest levels since mid-April. Barclays, Citi, Goldman Sachs & Morgan Stanley have revised Fed forecasts this week, looking for rate cuts later than previously (Citi says July, the rest December).

#TreasuriesToday: Yields lower by as much as 3bp inside Monday's selloff ranges -- which included highest 2Y since April 9 -- with curve steeper. Ahead of April CPI, about 50bp of Fed easing by year-end is priced into OIS swaps & several big banks still predict 75bp-100bp.

#TreasuriesToday: Yields higher led by short maturities -- 2Y rose as much as 12bp to 4.02%, last seen April 9 -- as stock futures surge. Heavy corporate new-issue calendar is anticipated ahead of April CPI tomorrow. Coupon auctions resume with 20Y new issue on May 21.

#TreasuriesToday: Yields narrowly mixed with curve steeper. 2Y 3.85%, back below 50-day average level after exceeding it Thursday for 1st time since February. New 30Y near 4.86% vs 4.819% auction result. Coupon auctions resume with 20Y new issue on May 21.

#TreasuriesToday: Yields higher by 3bp-5bp inside weekly ranges with stock futures green. $25b 30Y new-issue auction at 1pm (last coupon sale until May 21). WI yield near 4.795% is between last two 30Y results. New 10Y is in the money at 4.31% vs Tuesday's 4.342% auction result.

#TreasuriesToday: Yields higher by as much as 3bp with curve flatter. However new 10Y is in the money at 4.32% vs 4.342% auction result. 30Y new-issue auction is slated for Thursday, keeping today clear for FOMC communications beginning at 2pm.

Please welcome your new 10-year note, paying 4.25% a year until May 2035! A $42b single issue that will grow to $120 billion over the next two months. What will the coupon be on the NEXT new 10-year (the Aug 2035)?