US sells USD 13bln of 20yr bonds; Stop through 0.7bps
The US sale of $13 billion in 20-year bonds was noted for its strong demand, indicated by a bid-to-cover ratio of 2.76x, surpassing recent averages.
Nvidia (NVDA) plans to use 50% of free cash for investor returns; will shift to returns when funded investment commitments; CFO sees shift to buybacks and dividends in H2
United Airlines (UAL) CEO says remains solidly on the path to low double digit margins and a prolonged fuel spike has the potential to actually accelerate some of the industry restructuring that moves them into mid-double digit range
US sells USD 13bln of 20yr bonds; Stop through 0.7bps
Newsquawk Daily US Earnings Estimates - 18th March 2026: MU
New Fortress Energy (NFE) signs restructuring support agreement, Bloomberg reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- High Yield: 4.817% (prev. 4.664%, six-auction avg. 4.689%); WI 4.824%
- Tail: -0.7bps (prev. 2.0bps, six-auction avg. -0.0bps)
- Bid-to-Cover: 2.76x (prev. 2.36x, six-auction avg. 2.63x)
- Dealers: 9.24% (prev. 17.6%, six-auction avg. 10.9%)
- Directs: 21.58% (prev. 27.2%, six-auction avg. 27.0%)
- Indirects: 69.18% (prev. 55.2%, six-auction avg. 62.1%)
Despite a higher yield of 4.817%, the tight tail of -0.7bps suggests robust market appetite and better absorption of the paper, reflecting positive sentiment towards long-duration debt amid current market conditions.
Related headlines
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln4 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources4 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee1 hour ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed4 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday4 hours ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks5 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement4 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output6 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port1 hour ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass1 hour ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits2 hours ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind3 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates4 hours ago
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 5 hours ago
- [MARKET UPATE] Further JPY strength with EUR/JPY below 182, USD/JPY beneath 157 to a 156.63 base, surpassing 7th August low5 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets6 hours ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran1 hour ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before1 hour ago
- India and China could hold talks on the sidelines of BRICS summit, Indian Trade Minister says 4 hours ago
- UAE President received a phone call from US Presiednt Trump; the two discussed cooperation and developments in the Middle East, WAM reports6 hours ago
The whole workspace, free to try.
Try it free