The Vault · 2026-03-25 18:56:59 · ZeroHedge
The U.S. Treasury's latest 5-year note auction has delivered another stark signal of weakening demand for government debt. The sale of $70 billion in notes stopped at a high yield of 3.966%, tailing the 'when-issued' yield by 1.4 basis points—the largest such gap since October 2024. More critically, the bid-to-cover ra...
The Vault · 2026-03-26 19:27:11 · ZeroHedge
The U.S. Treasury's $44 billion 7-year note auction concluded with troubling metrics, signaling persistent weak demand for government debt. The auction stopped at a high yield of 4.255%, a sharp jump from 3.790% in February and the highest level since January 2025. It also tailed the When-Issued yield by 0.8 basis poin...
The Vault · 2026-03-30 13:26:48 · Seeking Alpha
Apollo Global Management has issued a stark warning that the US 10-year Treasury yield is currently mispriced by more than 50 basis points. The asset management giant attributes this significant dislocation to a sharp and sustained surge in the term premium—the extra compensation investors demand for holding longer-dat...
The Network · 2026-04-06 16:57:02 · ZeroHedge
Iraq has directly instructed its crude oil buyers and refiners to collect their cargoes, declaring that vessels carrying the nation's oil can now transit the Strait of Hormuz. This move follows Iran's recent, critical permission for Iraqi ships to use the strategic chokepoint, a development that could potentially unloc...
The Vault · 2026-04-08 16:27:02 · Bloomberg Markets
This week's auctions of 10- and 30-year U.S. Treasury debt are under intense scrutiny for a critical weakness: a potential collapse in foreign demand. The pressure point is clear and recent. Several of last month's debt sales, which were the first held after the U.S. military strike on Iran, were notably shunned by ove...
The Vault · 2026-04-08 18:27:16 · ZeroHedge
A key U.S. Treasury auction has flashed a warning signal, with the benchmark 10-year note sale tailing and revealing a sharp drop in foreign central bank demand. The auction stopped at a high yield of 4.282%, the highest since last August, and tailed the When Issued yield by 0.2 basis points. This marks the third conse...
The Vault · 2026-04-15 14:22:51 · Bloomberg Markets
The International Monetary Fund has issued a direct warning that the foundational premium of U.S. Treasury securities is eroding. The core of the alert is that the sheer scale and trajectory of U.S. government debt issuance is actively undermining the special status and investor appeal that have long made Treasuries th...