US sells 7-year notes at 4.212% vs 4.232% WI

29/08/2023 | 17:11 GMT

2 basis point stop through

The US sale of $36 billion in 7-year notes met strong demand as bonds are bid on recession worries and expectations the Fed is at the end of the rate hiking cycle.

The bid weighed further on yields and USD/JPY.

ADVERTISEMENT - CONTINUE READING BELOW

Top Brokers

Sponsored

General Risk Warning

Octa

Open Account

ADVERTISEMENT - CONTINUE READING BELOW

Fed poised for 25 bps cut amid sticky inflation. S&P 500, BTC, Gold eye gains, but short-term volatility likely.

CoinDesk

27m ago

Robinhood launches ETH L2, but most firms shouldn't bother. Low dev costs vs. crowded market. Base revenue $4.9M, fees $50K.

CoinDesk

30m ago

Consumer sentiment dips to 4-month low in Sept. Job market fears weigh on lower/middle incomes. Watch for spending impact.

MarketWatch

48m ago

Russia's GDP shrinks, recession looms as central bank cuts rates for 3rd time amid economic pressure.

Fortune

56m ago

Fed eyes rate cuts amid recession fears; 25 or 50 bps? JPMorgan sees 6 cuts by 2026.

Fortune

1h ago

Hayes ditches memecoins for DeFi, targeting 100x returns on EtherFi, Ethena, Hyperliquid. Bitcoin to $700k, but DeFi yields are the real play.

DLNews

1h ago

Ørsted shares plunge 90% from peak on US policy risks; Equinor backs firm with $1B, sparking merger talk.

Oilprice

1h ago

investingLive Premium

Gain Access

Join our Community

Access our Telegram Channel

Must Read

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}