US sells USD 19bln of 10-year TIPS; Tails 1.9bps

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Iran Foreign Ministry, when asked by IRNA about speculation regarding details of negotiations to end the war, says none can be confirmed

OpenAI says Adventhealth is deploying ChatGPT for healthcare to reduce admin burden and streamline clinical workflows across the system

US sells USD 19bln of 10-year TIPS; Tails 1.9bps

Fed's Barkin (2027 voter) says it could take months for gas prices to fall, even when the Strait of Hormuz is reopened

US President Trump says beef prices are coming down

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  • Tail: 1.9bps (prev. 1.6bps, six-auction average 1.6bps)
  • High Yield: 2.169% (prev. 1.896%, six-auction average 1.936%); WI 2.150%
  • B/C: 2.52x (prev. 2.47x, six-auction average 2.37x)
  • Dealer: 11.3% (prev. 7.5%, six-auction average 11.6%)
  • Direct: 27.5% (prev. 24.0%, six-auction average 23.8%)
  • Indirect: 61.36% (prev. 68.5%, six-auction average 64.6%)

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