US sells USD 16bln of 20-year bonds; On the screws

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Iran Foreign Minister announced plans for the possible presence of Foreign Minister Aragchi at the special Security Council meeting hosted by China in New York

Netanyahu told Israel's Channel 12 that he urged Trump to maintain military pressure on Iran, via Al Hadath

US sells USD 16bln of 20-year bonds; On the screws

USTR says US welcomes progress made by EU toward implementing the Turnberry Agreement that stands to deliver historic market access for American exporters; US will continue to review certain limiting amendments included in EU's current legislation

OpenAI is preparing to file for an IPO with a potential valuation of over USD 1tln

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  • Tail: 0bps (prev. -0.9bps, six-auction average -0.1bps)
  • High Yield: 5.122% (prev. 4.883%, six-auction average 4.786%): WI 5.122%
  • B/C: 2.55x (prev. 2.68x, six-auction average 2.62x)
  • Dealer: 9.39% (prev. 9.7%, six-auction average 11.1%)
  • Direct: 22.94% (prev. 22.9%, six-auction average 25.4%)
  • Indirect: 67.67% (prev. 67.4%, six-auction average 63.5%)

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