Beth Stanton
@bethstanton.bsky.social
Bloomberg News editor for US interest rates. Monitoring Treasuries, futures, TIPS since 1997. Daily posts on US Treasury market on the former bird site (beth_stanton) since June 2020. Opinions mine.
Pinned
#TreasuriesToday: Yields higher by 3bp-4bp with stock futures green. $58b 3Y auction at 1pm, day earlier than usual because cash market closed Tues globally w/Fed for Veterans Day & per SIFMA reco (but CME futures & US stocks have regular schedule).
November 10, 2025 at 12:40 PM
#TreasuriesToday: Yields higher by 3bp-4bp with stock futures green. $58b 3Y auction at 1pm, day earlier than usual because cash market closed Tues globally w/Fed for Veterans Day & per SIFMA reco (but CME futures & US stocks have regular schedule).
#TreasuriesToday: Yields near flat. Ahead next week: 1st coupon auctions of Nov-Jan financing quarter -- $58b 3Y Mon, $42b 10Y Weds & $25b 30Y Thurs (cash market closed Tues globally w/Fed for Veterans Day & per @SIFMA reco, but CME futures & US stocks have regular schedule).
November 7, 2025 at 12:46 PM
#TreasuriesToday: Yields near flat. Ahead next week: 1st coupon auctions of Nov-Jan financing quarter -- $58b 3Y Mon, $42b 10Y Weds & $25b 30Y Thurs (cash market closed Tues globally w/Fed for Veterans Day & per @SIFMA reco, but CME futures & US stocks have regular schedule).
#TreasuriesToday: Yields lower by 2bp-3bp inside Wednesday's selloff ranges (which included highest 10Y & 30Y yields since Oct. 7, highest 2Y & 5Y since late September). First auctions of Nov-Jan financing quarter begin Monday (banks closed Tuesday) with $58b 3Y.
November 6, 2025 at 12:44 PM
#TreasuriesToday: Yields lower by 2bp-3bp inside Wednesday's selloff ranges (which included highest 10Y & 30Y yields since Oct. 7, highest 2Y & 5Y since late September). First auctions of Nov-Jan financing quarter begin Monday (banks closed Tuesday) with $58b 3Y.
#TreasuriesToday: Yields little changed. Treasury announces financing plans for November-January quarter at 8:30am, is seen keeping nominal coupon auction sizes (& maybe TIPS too) steady. For next week that would mean $58b 3Y, $42b 10Y & $25b 30Y new issues.
November 5, 2025 at 12:41 PM
#TreasuriesToday: Yields little changed. Treasury announces financing plans for November-January quarter at 8:30am, is seen keeping nominal coupon auction sizes (& maybe TIPS too) steady. For next week that would mean $58b 3Y, $42b 10Y & $25b 30Y new issues.
#TreasuriesToday: Yields lower by 1bp-3bp with curve steeper. Stock futures red. Ahead Wednesday: Treasury announces financing plans for November-January quarter, is seen keeping nominal coupon auction sizes (& maybe TIPS too) steady. First up is 3Y on Nov. 10.
November 4, 2025 at 12:42 PM
#TreasuriesToday: Yields lower by 1bp-3bp with curve steeper. Stock futures red. Ahead Wednesday: Treasury announces financing plans for November-January quarter, is seen keeping nominal coupon auction sizes (& maybe TIPS too) steady. First up is 3Y on Nov. 10.
#TreasuriesToday: Yields higher by 1bp-3bp, all but 30Y still inside Friday's ranges. October index return 0.6%, YTD 6%. Ahead this week: Treasury announces financing plans for November-January quarter on Wednesday. Coupon auctions resume with 3Y on Nov. 10.
November 3, 2025 at 12:50 PM
#TreasuriesToday: Yields higher by 1bp-3bp, all but 30Y still inside Friday's ranges. October index return 0.6%, YTD 6%. Ahead this week: Treasury announces financing plans for November-January quarter on Wednesday. Coupon auctions resume with 3Y on Nov. 10.
#TreasuriesToday: Yields little changed in tiny daily ranges. $252b coupon settlement ($58.3b net). Month-end rebalancing at 4pm to extend index duration by estimated 0.06 year. Ahead next week: Treasury announces financing plans for Nov-Jan quarter on Wednesday.
October 31, 2025 at 11:36 AM
#TreasuriesToday: Yields little changed in tiny daily ranges. $252b coupon settlement ($58.3b net). Month-end rebalancing at 4pm to extend index duration by estimated 0.06 year. Ahead next week: Treasury announces financing plans for Nov-Jan quarter on Wednesday.
#TreasuriesToday: Yields higher by 1bp-3bp following Wednesday selloff (among year's 10 largest, lifting all but 30Y at least 10bp & leaving this week's auctions -- last until Nov. 10 -- under water). Market-implied odds of Fed rate cut in December erode to around 60%.
October 30, 2025 at 11:47 AM
#TreasuriesToday: Yields higher by 1bp-3bp following Wednesday selloff (among year's 10 largest, lifting all but 30Y at least 10bp & leaving this week's auctions -- last until Nov. 10 -- under water). Market-implied odds of Fed rate cut in December erode to around 60%.
#TreasuriesToday: Yields higher by 1bp-2bp inside Tuesday's tiny ranges (for 10Y, 3.5bp, among year's smallest). This week's auctions completed quarterly cycle, with next beginning Nov. 10. Friday's month-end index rebalancing to extend its duration by estimated 0.06yr.
October 29, 2025 at 11:35 AM
#TreasuriesToday: Yields higher by 1bp-2bp inside Tuesday's tiny ranges (for 10Y, 3.5bp, among year's smallest). This week's auctions completed quarterly cycle, with next beginning Nov. 10. Friday's month-end index rebalancing to extend its duration by estimated 0.06yr.
#TreasuriesToday: Yields little changed near Monday's lows. Accelerated & compressed auction cycle concludes with $44b 7Y at 1pm. WI yield ~3.78% is lower than 7Y auction results since Sept 2024. Buyback of up to $2b in 20Y-30Y sector closes at 2pm.
October 28, 2025 at 12:04 PM
#TreasuriesToday: Yields little changed near Monday's lows. Accelerated & compressed auction cycle concludes with $44b 7Y at 1pm. WI yield ~3.78% is lower than 7Y auction results since Sept 2024. Buyback of up to $2b in 20Y-30Y sector closes at 2pm.
#TreasuriesToday: Yields higher by 2bp-3bp with stock futures green. Accelerated & compressed auction cycle begins with $69b 2Y at 11:30am, $70b 5Y at 1pm. WI 2Y yield (~3.50%) is below auction results since 2022, WI 5Y (~3.64%) since September 2024.
October 27, 2025 at 11:39 AM
#TreasuriesToday: Yields higher by 2bp-3bp with stock futures green. Accelerated & compressed auction cycle begins with $69b 2Y at 11:30am, $70b 5Y at 1pm. WI 2Y yield (~3.50%) is below auction results since 2022, WI 5Y (~3.64%) since September 2024.
#TreasuriesToday: Yields slightly higher following yesterday's oil-driven selloff. November options expire. Accelerated & compressed auction cycle ahead next week (last coupons of the Aug-Oct financing quarter): $69b 2Y & $70b 5Y Monday, $44b 7Y Tuesday.
October 24, 2025 at 11:36 AM
#TreasuriesToday: Yields slightly higher following yesterday's oil-driven selloff. November options expire. Accelerated & compressed auction cycle ahead next week (last coupons of the Aug-Oct financing quarter): $69b 2Y & $70b 5Y Monday, $44b 7Y Tuesday.
#TreasuriesToday: Yields higher by 2bp-5bp amid oil price surge. Curve steeper. $26b 5Y TIPS new-auction at 1pm. WI yield near 1.16% is ~4.5bp richer than the April 2030 (has better inflation seasonals). Next week's auction sizes at 11am: $69b 2Y, $70b 5Y, $44b 7Y projected.
October 23, 2025 at 11:34 AM
#TreasuriesToday: Yields higher by 2bp-5bp amid oil price surge. Curve steeper. $26b 5Y TIPS new-auction at 1pm. WI yield near 1.16% is ~4.5bp richer than the April 2030 (has better inflation seasonals). Next week's auction sizes at 11am: $69b 2Y, $70b 5Y, $44b 7Y projected.
#TreasuriesToday: Yields lower by 1bp-2bp, trailing steep gains for UK bonds. 10Y under 3.95% after ending Tues at lowest in a year. $13b 20Y reopening (2nd) at 1pm. WI yield near 4.51% is < 20Y auction results since Sept 2024. Buyback of up to $4b in 2Y-3Y sector closes at 2pm.
October 22, 2025 at 11:36 AM
#TreasuriesToday: Yields lower by 1bp-2bp, trailing steep gains for UK bonds. 10Y under 3.95% after ending Tues at lowest in a year. $13b 20Y reopening (2nd) at 1pm. WI yield near 4.51% is < 20Y auction results since Sept 2024. Buyback of up to $4b in 2Y-3Y sector closes at 2pm.
#TreasuriesToday: Yields little changed in small daily ranges. 10Y remains under 4% after closing below 4% Monday for 2nd time this month, third time this year. Auctions ahead this week: $13b 20Y reopening (2nd) Wednesday & $26b 5Y TIPS new issue Thursday.
October 21, 2025 at 11:35 AM
#TreasuriesToday: Yields little changed in small daily ranges. 10Y remains under 4% after closing below 4% Monday for 2nd time this month, third time this year. Auctions ahead this week: $13b 20Y reopening (2nd) Wednesday & $26b 5Y TIPS new issue Thursday.
#TreasuriesToday: Yields little changed in tiny daily ranges (for 10Y, less than 2bp) following Friday's rebound from multi-month lows (for 2Y, 3.37%) Auctions ahead this week: $13b 20Y reopening (2nd) Wednesday & $26b 5Y TIPS new issue Thursday.
October 20, 2025 at 11:50 AM
#TreasuriesToday: Yields little changed in tiny daily ranges (for 10Y, less than 2bp) following Friday's rebound from multi-month lows (for 2Y, 3.37%) Auctions ahead this week: $13b 20Y reopening (2nd) Wednesday & $26b 5Y TIPS new issue Thursday.
#TreasuriesToday: Yields higher by ~1bp, off lows including lowest 2Y since Aug 2022, 5Y since Oct 2024, 10Y & 30Y since April. Treasury releases primary dealer survey questions for Nov refunding at noon. Next week: $13b 20Y reopening (2nd) Weds & $26b 5Y TIPS new issue Thurs.
October 17, 2025 at 11:38 AM
#TreasuriesToday: Yields higher by ~1bp, off lows including lowest 2Y since Aug 2022, 5Y since Oct 2024, 10Y & 30Y since April. Treasury releases primary dealer survey questions for Nov refunding at noon. Next week: $13b 20Y reopening (2nd) Weds & $26b 5Y TIPS new issue Thurs.
#TreasuriesToday: Yields little changed. Next week's auction sizes at 11am: $13b 20Y reopening (2nd) & $26b 5Y TIPS new issue projected. Buyback of up to $4b in 7Y-10Y sector closes at 2pm. More big-bank bond offerings are anticipated to follow those by Goldman Sachs & JPMorgan.
October 16, 2025 at 11:35 AM
#TreasuriesToday: Yields little changed. Next week's auction sizes at 11am: $13b 20Y reopening (2nd) & $26b 5Y TIPS new issue projected. Buyback of up to $4b in 7Y-10Y sector closes at 2pm. More big-bank bond offerings are anticipated to follow those by Goldman Sachs & JPMorgan.
#TreasuriesToday: Yields slightly lower inside yday's ranges, which included lowest 2Y, 5Y & 10Y since Sept, 30Y since April. Curve flatter. $119b coupon auction settlement ($39.5b net). More big-bank bond offerings are seen following Goldman Sachs' $10b post-earnings haul Tues.
October 15, 2025 at 11:47 AM
#TreasuriesToday: Yields slightly lower inside yday's ranges, which included lowest 2Y, 5Y & 10Y since Sept, 30Y since April. Curve flatter. $119b coupon auction settlement ($39.5b net). More big-bank bond offerings are seen following Goldman Sachs' $10b post-earnings haul Tues.
#TreasuriesToday: Yields lower by 1bp-3bp, off session lows including lowest 30Y since April 8 (4.59%) & first sub-4% 10Y since Sept. 17. Trade-related risk-aversion weighs on stocks globally, aiding bonds. Next coupon auction is 20Y reopening on Oct. 22.
October 14, 2025 at 11:35 AM
#TreasuriesToday: Yields lower by 1bp-3bp, off session lows including lowest 30Y since April 8 (4.59%) & first sub-4% 10Y since Sept. 17. Trade-related risk-aversion weighs on stocks globally, aiding bonds. Next coupon auction is 20Y reopening on Oct. 22.
#TreasuriesToday: Yields down 2bp-4bp near session lows. Ahead next week: cash market closed Monday globally (with Fed for Columbus Day & per SIFMA recommendation); CME interest-rate futures (& US stocks) have regular schedule. Coupon auctions resume with 20Y reopening on Oct. 22.
October 10, 2025 at 11:46 AM
#TreasuriesToday: Yields down 2bp-4bp near session lows. Ahead next week: cash market closed Monday globally (with Fed for Columbus Day & per SIFMA recommendation); CME interest-rate futures (& US stocks) have regular schedule. Coupon auctions resume with 20Y reopening on Oct. 22.
#TreasuriesToday: Yields little changed in tiny daily ranges (3bp for 10Y). For 30Y, 50- & 200-day averages are on cusp of bearish cross. $22b 30Y reopening (2nd) at 1pm. WI yield 4.71% is between last two 30Y stops, ~5bp higher than Sept's. Next coupon auction is 20Y on Oct. 22.
October 9, 2025 at 11:39 AM
#TreasuriesToday: Yields little changed in tiny daily ranges (3bp for 10Y). For 30Y, 50- & 200-day averages are on cusp of bearish cross. $22b 30Y reopening (2nd) at 1pm. WI yield 4.71% is between last two 30Y stops, ~5bp higher than Sept's. Next coupon auction is 20Y on Oct. 22.
#TreasuriesToday: Yields lower by as much as 3bp, curve flatter. Auction cycle continues with $39b 10Y reopening (2nd) at 1pm. WI yield 4.10% is between last two 10Y results and ~7bp higher than last month's. New 3Y yield is just below Tuesday's 3.576% auction result.
October 8, 2025 at 11:48 AM
#TreasuriesToday: Yields lower by as much as 3bp, curve flatter. Auction cycle continues with $39b 10Y reopening (2nd) at 1pm. WI yield 4.10% is between last two 10Y results and ~7bp higher than last month's. New 3Y yield is just below Tuesday's 3.576% auction result.
#TreasuriesToday: Yields higher by 1bp-2bp near session highs. Curve steeper. October auctions begin with $58b 3Y new issue at 1pm. WI yield 3.62% is between last two 3Y auction results & about 13bp higher than last month's. Buyback of up to $2b in 10Y-20Y sector closes at 2pm.
October 7, 2025 at 11:41 AM
#TreasuriesToday: Yields higher by 1bp-2bp near session highs. Curve steeper. October auctions begin with $58b 3Y new issue at 1pm. WI yield 3.62% is between last two 3Y auction results & about 13bp higher than last month's. Buyback of up to $2b in 10Y-20Y sector closes at 2pm.
#TreasuriesToday: Yields higher by as much as 4bp with curve steeper, amid bigger, politically-driven steepening of Japanese & French yield curves. Auctions ahead this week (unaffected by shutdown): $58b 3Y new issue Tues, $39b 10Y & $22b 30Y reopenings (2nd) Weds & Thurs.
October 6, 2025 at 11:38 AM
#TreasuriesToday: Yields higher by as much as 4bp with curve steeper, amid bigger, politically-driven steepening of Japanese & French yield curves. Auctions ahead this week (unaffected by shutdown): $58b 3Y new issue Tues, $39b 10Y & $22b 30Y reopenings (2nd) Weds & Thurs.