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Treasury Holds Disappointing 7Y Auction:Treasuries slipped to U.S. session lows in response to the weak $29B 7Y note auction. The auction drew 2.018% (WI 2.008%) and a light 2.42x bid/cover. Indirect (46.6%) bids provided support as direct bids (15.4%) fell short of...
Initial public offerings scheduled to price in the current week.
Ticker Underwriter
FSAM Morgan Stanley, JP Morgan,
SIEN Piper Jaffray,
BOOT JP Morgan, Piper Jaffray,
With Halloween just a day away, the market action has grown, well, a bit batty. The bullish bias that has reigned since mid-October is less bullish as the basis for that bias has reportedly been turned on its ear by the latest policy directive from the Federal...
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