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 little changed, 5Y-30Y near YTD lows reached in past 24 hours on risk-aversion. This week's auctions are in the money, new 30Y near 4.735% vs 4.75% auction yield. Ahead next week: $16b 20Y new issue Wednesday, $9b 30Y TIPS new issue Thursday.
February 13, 2026 at 12:38 PM
#TreasuriesToday: Yields little changed, 5Y-30Y near YTD lows reached in past 24 hours on risk-aversion. This week's auctions are in the money, new 30Y near 4.735% vs 4.75% auction yield. Ahead next week: $16b 20Y new issue Wednesday, $9b 30Y TIPS new issue Thursday.
#TreasuriesToday: Yields lower by 1bp-2bp inside Wednesday's ranges, which included YTD lows for 10Y & 30Y before the selloff. New 10Y 4.16% vs 4.177% auction stop. $25b 30Y new-issue sale at 1pm has WI yield near 4.79%, between last two results.
February 12, 2026 at 12:49 PM
#TreasuriesToday: Yields lower by 1bp-2bp inside Wednesday's ranges, which included YTD lows for 10Y & 30Y before the selloff. New 10Y 4.16% vs 4.177% auction stop. $25b 30Y new-issue sale at 1pm has WI yield near 4.79%, between last two results.
#TreasuriesToday: Yields narrowly mixed, mostly lower by as much as 1bp. Ahead of Jan jobs report, swaps price in ~60bp of Fed easing by year end, 1 move by mid-year. $42b 10Y new-issue auction at 1pm has WI yield near 4.15%, lower than last two results.
February 11, 2026 at 12:39 PM
#TreasuriesToday: Yields narrowly mixed, mostly lower by as much as 1bp. Ahead of Jan jobs report, swaps price in ~60bp of Fed easing by year end, 1 move by mid-year. $42b 10Y new-issue auction at 1pm has WI yield near 4.15%, lower than last two results.
#TreasuriesToday: Yields lower by 1bp-4bp with curve flatter. Quarterly refunding auctions begin with $58b 3Y at 1pm. WI yield near 3.55% is lower than 3Y auction results since September. Buyback of up to $2b in 10Y-20Y sector closes at 2pm.
February 10, 2026 at 12:37 PM
#TreasuriesToday: Yields lower by 1bp-4bp with curve flatter. Quarterly refunding auctions begin with $58b 3Y at 1pm. WI yield near 3.55% is lower than 3Y auction results since September. Buyback of up to $2b in 10Y-20Y sector closes at 2pm.
Let's talk about the Treasury 10Y new-issue auction ahead on Wednesday -- a possible unscheduled reopening. 1/
February 9, 2026 at 7:42 PM
Let's talk about the Treasury 10Y new-issue auction ahead on Wednesday -- a possible unscheduled reopening. 1/
#TreasuriesToday: Yields narrowly mixed with curve steeper, paced by UK gilts. New-issue auctions ahead this week: $58b 3Y Tuesday, $42b 10Y Wednesday (a possible unscheduled reopening of a 2006-issued 30Y, more on which later), $25b 30Y Thursday.
February 9, 2026 at 12:45 PM
#TreasuriesToday: Yields narrowly mixed with curve steeper, paced by UK gilts. New-issue auctions ahead this week: $58b 3Y Tuesday, $42b 10Y Wednesday (a possible unscheduled reopening of a 2006-issued 30Y, more on which later), $25b 30Y Thursday.
#TreasuriesToday: Yields higher by 2bp-4bp following market's biggest gain since Oct on Thurs. But they gapped lower at the Asia open, 2Y to 3.42%, lowest since Oct. 17. New-issue auctions ahead next week: $58b 3Y Tues, $42b 10Y Weds, $25b 30Y Thurs.
February 6, 2026 at 12:41 PM
#TreasuriesToday: Yields higher by 2bp-4bp following market's biggest gain since Oct on Thurs. But they gapped lower at the Asia open, 2Y to 3.42%, lowest since Oct. 17. New-issue auctions ahead next week: $58b 3Y Tues, $42b 10Y Weds, $25b 30Y Thurs.
#TreasuriesToday: Yields edging lower (2Y & 5Y to lowest levels since Mon) as crypto rout hits stock futures & UK bonds rally after BOE's split decision to hold rates (minority favored a cut). ECB up next, no change expected. Buyback of up to $2b in 20Y-30Y sector closes at 2pm.
February 5, 2026 at 12:43 PM
#TreasuriesToday: Yields edging lower (2Y & 5Y to lowest levels since Mon) as crypto rout hits stock futures & UK bonds rally after BOE's split decision to hold rates (minority favored a cut). ECB up next, no change expected. Buyback of up to $2b in 20Y-30Y sector closes at 2pm.
Woe is @mtametronorth.bsky.social & North End Access customers, to wit:
*Closed 48th St entrance
*Loss of escalator service from upper level corridor to 47th St
*Loss of east side elevator, escalator & stairs (!) to lower level
*Disastrous new platforming protocol distancing riders from exits
*Closed 48th St entrance
*Loss of escalator service from upper level corridor to 47th St
*Loss of east side elevator, escalator & stairs (!) to lower level
*Disastrous new platforming protocol distancing riders from exits
February 4, 2026 at 9:48 PM
Woe is @mtametronorth.bsky.social & North End Access customers, to wit:
*Closed 48th St entrance
*Loss of escalator service from upper level corridor to 47th St
*Loss of east side elevator, escalator & stairs (!) to lower level
*Disastrous new platforming protocol distancing riders from exits
*Closed 48th St entrance
*Loss of escalator service from upper level corridor to 47th St
*Loss of east side elevator, escalator & stairs (!) to lower level
*Disastrous new platforming protocol distancing riders from exits
#TreasuriesToday: Yields little changed. Treasury announces next week's auction sizes & projects Feb-April pattern at 8:30am, with only April 5Y TIPS new issue seen (by minority) as possibly growing (by $1b to $27b). Buyback of up to $4b in 1M-2Y sector closes at 2pm.
February 4, 2026 at 12:40 PM
#TreasuriesToday: Yields little changed. Treasury announces next week's auction sizes & projects Feb-April pattern at 8:30am, with only April 5Y TIPS new issue seen (by minority) as possibly growing (by $1b to $27b). Buyback of up to $4b in 1M-2Y sector closes at 2pm.
#TreasuriesToday: Yields little changed after 10Y & 30Y touched highest levels in more than a week. Ahead this week: Treasury projects coupon auction sizes for Feb-April on Wednesday, with only April 5Y TIPS new issue seen (by minority) as possibly growing (by $1b to $27b).
February 3, 2026 at 12:46 PM
#TreasuriesToday: Yields little changed after 10Y & 30Y touched highest levels in more than a week. Ahead this week: Treasury projects coupon auction sizes for Feb-April on Wednesday, with only April 5Y TIPS new issue seen (by minority) as possibly growing (by $1b to $27b).
#TreasuriesToday: Yields little changed, off session lows, amid ongoing volatility in commodities. $226b coupon settlement ($86b net). Jan index return -0.09%. Ahead this week: Treasury projects coupon auction sizes for Feb-April on Wednesday.
February 2, 2026 at 12:43 PM
#TreasuriesToday: Yields little changed, off session lows, amid ongoing volatility in commodities. $226b coupon settlement ($86b net). Jan index return -0.09%. Ahead this week: Treasury projects coupon auction sizes for Feb-April on Wednesday.
#TreasuriesToday: Yields mixed with curve steeper after Warsh named Fed chair nominee. Month-end index rebalancing at 4pm to increase duration by estimated 0.05yr. Ahead next week: Treasury projects coupon auction sizes for Feb-April on Wednesday.
January 30, 2026 at 12:39 PM
#TreasuriesToday: Yields mixed with curve steeper after Warsh named Fed chair nominee. Month-end index rebalancing at 4pm to increase duration by estimated 0.05yr. Ahead next week: Treasury projects coupon auction sizes for Feb-April on Wednesday.
#TreasuriesToday: Yields narrowly mixed, off session highs, with curve steeper. $44b 7Y auction at 1pm is last coupon sale of the financing quarter, with Feb-April plans TBA Feb. 4 & 3Y expected Feb. 10. WI yield near 4.04% exceeds 7Y auction results since July.
January 29, 2026 at 12:33 PM
#TreasuriesToday: Yields narrowly mixed, off session highs, with curve steeper. $44b 7Y auction at 1pm is last coupon sale of the financing quarter, with Feb-April plans TBA Feb. 4 & 3Y expected Feb. 10. WI yield near 4.04% exceeds 7Y auction results since July.
#TreasuriesToday: Yields little changed, off session highs. Contracts for FOMC decisions are priced for no rate change at 2pm, 25bp cut by July & probably another by year-end. Ahead: $44b 7Y auction Thurs, month-end index rebalancing Fri (0.05yr duration increase estimated).
January 28, 2026 at 12:53 PM
#TreasuriesToday: Yields little changed, off session highs. Contracts for FOMC decisions are priced for no rate change at 2pm, 25bp cut by July & probably another by year-end. Ahead: $44b 7Y auction Thurs, month-end index rebalancing Fri (0.05yr duration increase estimated).
#TreasuriesToday: Yields narrowly mixed, curve steeper. $70b 5Y auction at 1pm has WI yield near 3.84%, higher than results since July. Buyback of up to $750m of 1Y-10Y TIPS closes at 2pm. Friday's month-end index rebalancing to extend its duration by estimated 0.05yr.
January 27, 2026 at 12:45 PM
#TreasuriesToday: Yields narrowly mixed, curve steeper. $70b 5Y auction at 1pm has WI yield near 3.84%, higher than results since July. Buyback of up to $750m of 1Y-10Y TIPS closes at 2pm. Friday's month-end index rebalancing to extend its duration by estimated 0.05yr.
#TreasuriesToday: Yields lower by less than 2bp, all but 2Y at lowest levels in a week, with USD extending Friday's slide. This week's auctions begin a day early (skipping Weds for FOMC) with $69b 2Y at 1pm. WI yield near 3.60% exceeds 2Y auction results since August.
January 26, 2026 at 12:45 PM
#TreasuriesToday: Yields lower by less than 2bp, all but 2Y at lowest levels in a week, with USD extending Friday's slide. This week's auctions begin a day early (skipping Weds for FOMC) with $69b 2Y at 1pm. WI yield near 3.60% exceeds 2Y auction results since August.
#TreasuriesToday: Yields lower by less than 2bp, 10Y & 30Y at weekly lows. Feb options expire. Auctions ahead next week (accelerated to keep Weds clear for FOMC): $69b 2Y Mon, $70b 5Y Tues, $44b 7Y Thurs. (There's precedent for rescheduling for impending bad weather tho.)
January 23, 2026 at 12:38 PM
#TreasuriesToday: Yields lower by less than 2bp, 10Y & 30Y at weekly lows. Feb options expire. Auctions ahead next week (accelerated to keep Weds clear for FOMC): $69b 2Y Mon, $70b 5Y Tues, $44b 7Y Thurs. (There's precedent for rescheduling for impending bad weather tho.)
#TreasuriesToday: Yields little changed. $21b 10Y TIPS new issue auction at 1pm has WI yield near 1.92% (~6bp higher than spot). Next week's auction sizes at 11am: $69b 2Y, $70b 5Y, $44b 7Y projected. Buyback of up to $2b in 10Y-20Y sector closes at 2pm.
January 22, 2026 at 12:42 PM
#TreasuriesToday: Yields little changed. $21b 10Y TIPS new issue auction at 1pm has WI yield near 1.92% (~6bp higher than spot). Next week's auction sizes at 11am: $69b 2Y, $70b 5Y, $44b 7Y projected. Buyback of up to $2b in 10Y-20Y sector closes at 2pm.
#TreasuriesToday: Yields narrowly mixed inside Tuesday's selloff ranges amid JGB partial recovery. Curve steeper. $13b 20Y reopening (2nd) at 1pm. WI yield near 4.88% exceeds 20Y auction results since July. Buyback of up to $4b in 2Y-3Y sector closes at 2pm.
January 21, 2026 at 12:35 PM
#TreasuriesToday: Yields narrowly mixed inside Tuesday's selloff ranges amid JGB partial recovery. Curve steeper. $13b 20Y reopening (2nd) at 1pm. WI yield near 4.88% exceeds 20Y auction results since July. Buyback of up to $4b in 2Y-3Y sector closes at 2pm.
#TreasuriesToday: Yields higher by 1bp-8bp, off session highs including highest 5Y since August, 10Y & 30Y since early Sept, with curve steeper, amid violent selloff in JGBs and stocks down globally. Ahead this week: $13b 20y reopening (2nd) Weds & $21b 10Y TIPS new issue Thurs.
January 20, 2026 at 12:53 PM
#TreasuriesToday: Yields higher by 1bp-8bp, off session highs including highest 5Y since August, 10Y & 30Y since early Sept, with curve steeper, amid violent selloff in JGBs and stocks down globally. Ahead this week: $13b 20y reopening (2nd) Weds & $21b 10Y TIPS new issue Thurs.
#TreasuriesToday: Yields edging higher, 2Y & 5Y highest since Dec. 10 (FOMC day). Treasury releases primary dealer survey questions for February refunding at noon. Ahead next week: $13b 20Y reopening (2nd) Wednesday & $21b 10Y TIPS new issue Thursday.
January 16, 2026 at 12:39 PM
#TreasuriesToday: Yields edging higher, 2Y & 5Y highest since Dec. 10 (FOMC day). Treasury releases primary dealer survey questions for February refunding at noon. Ahead next week: $13b 20Y reopening (2nd) Wednesday & $21b 10Y TIPS new issue Thursday.
#TreasuriesToday: Yields higher by max 2bp inside yday's ranges. $119b coupon settlement ($23.4b net). Next week's auction sizes at 11am: $13b 20y reopening (2nd) & $21b 10Y TIPS new issue projected. Buyback of up to $4b in 7Y-10Y sector closes at 2pm.
January 15, 2026 at 12:42 PM
#TreasuriesToday: Yields higher by max 2bp inside yday's ranges. $119b coupon settlement ($23.4b net). Next week's auction sizes at 11am: $13b 20y reopening (2nd) & $21b 10Y TIPS new issue projected. Buyback of up to $4b in 7Y-10Y sector closes at 2pm.
#TreasuriesToday: Yields lower by 2bp-3bp with curve flatter & this week's auctions in the money. 30Y touched YTD low under 4.81%. Buyback of up to $2b in 20Y-30Y sector closes at 2pm. Next coupon auction is 20Y reopening on Jan. 21.
January 14, 2026 at 12:48 PM
#TreasuriesToday: Yields lower by 2bp-3bp with curve flatter & this week's auctions in the money. 30Y touched YTD low under 4.81%. Buyback of up to $2b in 20Y-30Y sector closes at 2pm. Next coupon auction is 20Y reopening on Jan. 21.
#TreasuriesToday: Yields higher by 1bp-3bp with curve steeper ahead of Dec CPI data. $22b 30Y reopening (2nd) at 1pm has WI yield near 4.86%, higher than 30Y auction results since July. 3Y new issue & 10Y reopening trade cheap to Monday's auction stops.
January 13, 2026 at 12:48 PM
#TreasuriesToday: Yields higher by 1bp-3bp with curve steeper ahead of Dec CPI data. $22b 30Y reopening (2nd) at 1pm has WI yield near 4.86%, higher than 30Y auction results since July. 3Y new issue & 10Y reopening trade cheap to Monday's auction stops.