3:00 Friday vs 3:00 Thursday
2yr 99-26 vs 99-27; 4.085% vs 4.068%
5yr 99-19 vs 99-22; 4.213% vs 4.188%
10yr 99-03 vs 99-09+; 4.487% vs 4.461%
30yr 100-12 vs 100-24+; 4.974% vs 4.949%
2/10 39.965 bps vs 39.083 bps
5/30 75.998 bps vs 75.966 bps
3:00 Friday vs 3:00 Thursday
2yr 99-26 vs 99-27; 4.085% vs 4.068%
5yr 99-19 vs 99-22; 4.213% vs 4.188%
10yr 99-03 vs 99-09+; 4.487% vs 4.461%
30yr 100-12 vs 100-24+; 4.974% vs 4.949%
2/10 39.965 bps vs 39.083 bps
5/30 75.998 bps vs 75.966 bps
Ciena (CIEN) said Thursday it has completed a $2.875 billion private offering of 0.00% convertible senior notes due 2031.The use of the net proceeds included for hedging and warrant transactions, share repurchase, and debt repayment, it said.
3:00 Thursday vs 3:00 Wednesday2yr 99-27 vs 99-25; 4.068% vs 4.124%5yr 99-22 vs 99-12; 4.188% vs 4.262%10yr 99-09+ vs 98-21+; 4.461% vs 4.540%30yr 100-24+ vs 99-19; 4.949% vs 5.025%2/10 39.083 bps vs 41.376 bps5/30 75.966 bps vs 76.128 bps
The US Treasury's 30-year auction hit a high yield of 5.020% on Thursday, down from the 5.046% high in the previous auction.The bid to cover ratio for the auction was 2.33, above the 2.30 ratio in the previous auction.Dealers represented 55.39% of the bids, with direct bidders at 13.14% and indirect bidders at 31.47%.For takedown, dealers took 14.74%, with direct bidders at 25.31% and indirect bidders at 59.95%.