On Jul 31, 2026
#TreasuriesToday: Yields mixed, curve steeper. $22b 30Y reopening (2nd) at 1pm has WI yield near 5.09%, exceeding 30Y auction stops since 2001-2006 issuance hiatus. 10Y reopening trades slightly cheap to Wednesday's 4.58% stop. Buyback of up to $4b in 2Y-3Y sector closes at 2pm.
#TreasuriesToday: Yields higher with oil prices by 2bp-3bp, off session highs including highest 30Y (5.02%) since June 11. July auctions begin with $58b 3Y new issue at 1pm. WI yield is near 4.18% vs last month's 4.192% result. 10Y & 30Y reopenings follow Weds & Thurs.
-YOY CPI moved from 2.4% before the war to 4.2% as of May 30th, and the yield on the 30-year Treasury climbed to 5.2%, a level we have not seen. -What’s keeping oil prices suppressed is the 1.1 – 1.3 million barrels being pushed onto the global economy from the US Strategic Petroleum Reserve (SPR).
AI-generated briefing. AI can make mistakes. This is not financial advice.