The US Treasury's 7-year auction hit a high yield of 4.260% on Thursday, down from the 4.290% high in the previous auction.
The bid to cover ratio for the auction was 2.50, below the 2.52 ratio in the previous auction.
Dealers represented 55.37% of the bids, with direct bidders at 15.32% and indirect bidders at 29.30%.
For takedown, dealers took 12.75%, with direct bidders at 29.70% and indirect bidders at 57.55%.
Japanese conglomerate Sony Group (TYO:6758) plans to issue US dollar-denominated senior unsecured bonds, maturing in 2031 and 2036, according to a Wednesday filing with the Tokyo Stock Exchange.The USD-denominated senior unsecured notes due 2031 have an interest rate of 4.657% per annum and will mature on June 30, 2031, while the USD-denominated senior unsecured notes due 2036 have an interest rate of 5.089% per annum and will mature on June 30, 2036.Proceeds from the bonds sale will be used for general corporate purposes.
3:00 Wednesday vs 3:00 Tuesday2yr 99-31 vs 99-20+; 4.135% vs 4.234%5yr 99-24+ vs 99-12+; 4.176% vs 4.288%10yr 99-25 vs 99-01+; 4.400% vs 4.509%30yr 102-07+ vs 100-29+; 4.855% vs 4.946%2/10 26.271 bps vs 29.884 bps5/30 67.772 bps vs 67.664 bps
The US Treasury's 5-year auction hit a high yield of 4.200% on Wednesday, up from the 4.182% high in the previous auction.The bid to cover ratio for the auction was 2.35, slightly above the 2.34 ratio in the previous auction.Dealers represented 55.36% of the bids, with direct bidders at 13.02% and indirect bidders at 31.62%.For takedown, dealers took 12.89%, with direct bidders at 25.51% and indirect bidders at 61.60%.