Tag Archives: debt ceiling

7 Year Auction Results

28 Jul

Results of today’s 7 year auction:

Yield Price Indirect % Bid To Cover Coupon
June 29 2.43 99.65 32.17 2.62 2.38
July 28 2.28 99.81 39.55 2.63 2.25

Updated August issuance calendar which will (??) change after August 2nd.

US Bond Auction Calendar, Statistics and Charts [GDocs]

And one more chart you don’t want to miss, from our colleague Dutch Book

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7/27 Auction Results

27 Jul

Today’s 5 day CMB and 5 Year auction results are out. The full auction calendar for August will be updated tomorrow, but please note that it (probably) will change. By how much is anybody’s guess.

5 Day CMB

Yield Price Indirect % Bid To Cover Coupon
July 27 0 100 0 4.58 0

5 Year Note

Yield Price Indirect % Bid To Cover Coupon
Jun 28 1.61 99.45 37.62 2.59 1.50
July 27 1.58 99.62 36.59 2.62 1.50

Updated Auction Calendar, Statistics, Chartbook [GDocs]

7/26 Auction Results (All)

26 Jul

Today’s Auction Results:

4 Week

Yield Price Indirect % Bid To Cover Coupon
Jul 19 0.01 100.00 47.86 4.49 0.01
Jul 26 0.06 100.00 54.18 5.30 0.06

1 Year (52 Week)

Yield Price Indirect % Bid To Cover Coupon
Jun 28 0.20 99.80 27.39 4.15 0.20
Jul 26 0.20 99.80 29.82 4.63 0.20

2 Year

Yield Price Indirect % Bid To Cover Coupon
Jun 27 0.40 99.96 22.00 3.08 0.38
Jul 26 0.42 99.92 27.67 3.14 0.38

Updated Auction Calendar, Stats, Charts Document [GDocs]

13 & 26 Week Auction Results, Updated Issuance Calendar

25 Jul

Today’s 13 and 26 week auction results are out with higher yields and higher participation compared to the previous auction. Today’s auction announcements include the scheduled 4 week bill and a 5 Day CMB maturing on 8/2/2011. Continue reading

Bipartisan Policy Center’s Debt Limit Analysis

24 Jul

This may be the best report I’ve read on the Debt Ceiling impasse so far (FD: I haven’t read many in full, sorry).  This report as, among the ones I have looked at, the benefit of being fairly easy to read/comprehend, with as little legalese/technical jargon as possible.

I almost always suggest getting your information not from the media, but from going directly to the source.  This time is no exception.

Take for example these two slides about what could potentially happen far more clearly than anything I’ve read:

This is some serious, serious stuff.

 

**UPDATE: Thanks to the BPC, I’ve updated the link for the report, below, should work fine now**

Read the full pdf report here

 

h/t @dafowc

**Caveat: I do not advocate or endorse this analysis or the accuracy thereof.  I’m presenting it for informational purposes only.